Touradji Loses Former Head Commodities Trader

May 10 2012 | 10:33am ET

Touradji Capital Management's former top commodities trader has left the firm, it said today.

Paul Crone quit earlier this year, a Touradji spokesman told Bloomberg News. Crone has returned to London from New York, to spend more time with his family, Bob Zito, the Touradji spokesman, said.

Crone's exit is the latest high-level departure from Touradji, following those of CFO Tom Dwan and chief operating officer Sang Lee. Indeed, even firm founder Paul Touradji step away from day-to-day management of the firm to focus on trading full-time.

Prior to joining Touradji, Crone led industrial metals trading at Investec Bank. He also formerly worked at AIG International Trading.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...