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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of