Deutsche Bank's Lehr Plans Hedge Fund

Sep 27 2012 | 12:48pm ET

A top Deutsche Bank commodity-trading executive has left the bank to set up a hedge fund.

Details about Hal Lehr's planned New York-based hedge fund are sketchy, other than the fact that it will include three members of his Deutsche Bank team he identified as "core investor professionals."

"My team and I left to launch a hedge fund later this year," Lehr told Bloomberg News. "We really enjoyed our time at Deutsche and hope to continue the relationship from the client side."

Lehr left Deutsche Bank last month after two years at the firm. He was global head for cross-commodity trading, a desk set up to handle large commodities investments without distorting prices.

His plans amount to a return to the hedge fund industry for Lehr, who formerly worked at Soros Fund Management and Caxton Associates. He was also once a strategist at John Levin & Co.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...