Scipion Adds Three To London Office

Feb 19 2013 | 10:45am ET

Scipion Capital, the African commodities investment specialist, has made three hires in response to rising interest in its Commodities Trade Finance Fund.

The fund, which finances trade in soft and mineral commodities in Africa, has generated positive returns every month since its 2007 inception.

Georgina Fleming, George Sanders and Ben Storrs will all join the firm's London office, Fleming to oversee product management and development, a newly created post; Sanders and Storrs as analysts.

Fleming comes to Scipion from a leading New York law firm and has experience sourcing business leads in Asia, Europe and the Americas. She has also worked for a private equity firm specializing in Sub-Saharan African agribusiness.

Sanders, who speaks Japanese, comes to Scipion from London Research International, a boutique Japanese energy, infrastructure and commodities research firm. Prior to this, he worked at a MENA-focused consultancy and assisted SMEs in business development. In his new role, he will focus on deal origination and commodity research while working to develop relationships with Asian investors.

Storrs was an economic researcher at the Institute of Economic Affairs, a London-based think tank. Prior to that he served as an analyst for Oil and Gas Year, an industry publication focused on oil and gas in developing economies. At Scipion, he will focus primarily on commodity and energy research, alongside Scipion’s pan-African portfolio of commodity trade finance transactions.

Said Nicolas Clavel, CIO and founder of Scipion, in a statement:

“We see Africa as the key to the global commodities story. The rest of the world, Asia in particular, is increasingly dependent on Africa as its source of commodities, and this has triggered a rise in popularity for CTF as a strategy. It is clear to us that investors have identified CTF as a way to capitalize on Africa’s remarkable growth.

“As a result, we’ve seen a huge amount of interest in our fund. The strengthening of the London team with Georgina, George and Ben will not only help us manage recent investment into the fund, but will also assist us in driving further inflows and identifying new prospects, while providing the high level of investor support that is paramount to our continuing success.”


In Depth

High Time For A Cannabis Hedge Fund?

Sep 30 2014 | 7:07am ET

Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.