Olympic Gold-Winning Swimmer Joins Andurand

Feb 11 2013 | 12:57pm ET

From swimming pools to pooled investments: Olympic gold medal-winning swimmer Clement Lefert has joined hedge fund Andurand Capital Management as an intern.

Pierre Andurand, founder of the oil and commodities hedge fund and a former member of the French junior national swim team, confirmed the addition of Lefert to Bloomberg.

Lefert will start as an analyst in May with the goal of becoming a trader, said Andurand.

The 25-year-old Lefert was part of the French 4X100 meter freestyle relay team that won gold at the London Summer Olympics. He as an economics degree of USC and a master of finance from the Ecole des Hautes Etudes Commerciales du Nord.

“The combination of sporting excellence and great academic performance show good potential to be a trader,” said Andurand.

Andurand closed BlueGold after it lost 34% in 2011. He has said his new firm, which began trading on February 1, will not invest in equities and will not see him sharing portfolio management duties as he did at BlueGold. In addition, Andurand Capital will use less leverage and hold smaller positions, and, at least initially, will have greater turnover than BlueGold.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

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

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of