Touradji Vet Hires Other Touradji Vets

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.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

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

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

Business Insider has been reporting on the unusual trading activity of a mystery trader who placed a profitable short equity bet to the tune of $21 million on the Aug. 10 move in the CBOE Volatility Index (VIX).