Friday, 9 October 2015
Last updated 2 hours ago
Mar 15 2013 | 12:42am ET
Lodestone Natural Resources chief investment officer Tim Whyte was among the three men arrested on suspicion of insider-trading last month, along with his colleague Carl Linderum.
Whyte, Linderum and GLG Partners portfolio manager Carl Esprey were taken in for questioning on Feb. 27 and released on bail without charge, pending further investigation, Bloomberg News reports. Esprey and Linderum were previously identified as being among those arrested.
Whyte, like Linderum, is a veteran of Brevan Howard Asset Management and Sofaer Capital. The two men and Ben Belldegrum founded Lodestone, which manages US$100 million, in 2011.
And like Esprey and Linderum, Whyte’s registration with the Financial Services Authority, which arrested him, was changed to inactive.
The FSA has said that the probe into the three men is not related to any of its past insider-trading investigations.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…