Olympic Gold-Winning Swimmer Joins Andurand

Feb 11 2013 | 11:57am 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

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...