Galena Names Letchford CEO

Mar 31 2014 | 11:16am ET

Hedge fund Galena Asset Management has a new CEO, after its last was promoted to lead its parent company.

Duncan Letchford will head the $2 billion hedge-fund arm of commodities trader Trafigura Beheer. Letchford has served as Galena’s chief investment officer under Jeremy Weir, who was named CEO of Trafigura last week.

Weir took over from firm founder Claude Dauphin, who stepped down due to medical issues. Dauphin remains executive chairman of the firm.

In addition to serving as CIO, Letchford led Galena’s Metals Fund and its long-only products. He joined the firm in 2005 from HSBC, and previously worked at N.M. Rothschild, Deutsche Bank and AIG International.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...