Friday, 26 December 2014
Last updated 2 days ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.