Friday, 1 July 2016
Last updated 42 min ago
Apr 18 2013 | 12:12pm ET
Touradji Capital Management's former head trader has added some familiar faces to his new hedge fund.
Paul Crone's Citrine Capital Management has hired Tony DiCenso and Andreas Hommert, both formerly of Touradji. DiCenso will serve as an analyst and trader at the metals hedge fund, and Hommert as an analyst.
Crone founded Citrine in New York last year to invest in base metals, gold and platinum-group listed derivatives. The firm was on the right side of gold's recent plunge, Crone told Bloomberg News, shorting the metal during its biggest two-day drop in 30 years.
"We saw a year's move in 48 hours," Crone said.