Touradji Ramps Up Singapore Office

Feb 11 2008 | 12:32pm ET

Touradji Capital Management, the New York-based commodities hedge fund shop, has hired Mark Lyons as a shipping and oil specialist. He will be based in the firm’s new office in Singapore with the aim of further growing the firm’s business in Asia.

Lyons will examine shipping opportunities in the futures market, public and private equity, as well as trading energy products. Prior to joining Touradji, Lyons spent nine years at Chevron, initially as a chemical engineer at its Pembroke refinery in Wales, specializing in business and planning. He later worked as a crude trader at the firm’s London office. In 2004 Mr. Lyons became a Partner at Navig8, which operates across the shipping value chain with its core expertise in oil products.

“We are pleased to have Mark on board, and we’re particularly excited about opening an office in Singapore,” said Paul Touradji, founder. “Asia is a very important market for us and opening an office in Singapore will provide a base from which we’ll be able to expand our research and investment.”

Touradji Capital Management manages more than $3 billion in assets and invests in commodities and commodity-related equities with a fundamental approach to analysis and investment in commodities.

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