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

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of