Ex-Sasco CIO To Freepoint

May 20 2014 | 2:32pm ET

The former chief investment officer at hedge fund Sasco Energy Partners and his team have landed at Freepoint Commodities.

Joe Howley was named senior managing director at Freepoint. His traders, Brian Lisoski and Garth Camp, were appointed vice presidents of trading, Reuters reports.

“There are very significant hires and signals our commitment to growth and willingness to expand our senior leadership on the natural gas trading side of our business,” Freepoint President Frank Gallipoli said.

Howley and his team left Sasco last month. A former Tudor Investment Corp. and Goldman Sachs trader, Howley worked at Sasco for only a year, leaving the firm after it lost 20% last year and saw its assets drop by more than half.

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