Mon, Aug 3, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Former Societe Generale senior commodities executives exiting to launch Belaco Capital

Monday, May 21, 2012
Opalesque Industry Update - Belaco Capital, a multi-commodity discretionary hedge fund that will be managed from Paris. Dr. Frédéric Lasserre is well-known for building and heading the SG commodity research & strategy team which constantly ranked in top 3 by the industry. For the past 15 years, he has worked closely with Christophe Cordonnier who has set up and headed the SG sales and structuring commodity investor business. They join forces together with François Beuzelin who spent 12 years at SG where he was heading metals trading before working in a commodity fund for the last 2 years.

"There is still unsatisfied demand from investors for absolute return on commodities" Christophe says. "We believe it is crucial to rely on solid expertise in trendless and highly volatile markets we experience during recessionary times" adds Frederic. " We think the combination of trading, fundamental research and financial engineering is the ideal mix to bring value to investors" Francois adds. The official launch date of the fund is expected in Q4 this year.

PR

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  2. Activist News - Celgene says patent-fighting hedge fund manager wants to short its shares[more]

    From Reuters.com: Celgene Corp, one of the world's largest biotechnology companies, has accused U.S. hedge fund manager Kyle Bass of attempting to profit from his attempts to wipe out several major drug patents through his Coalition for Affordable Drugs. The company asked the U.S. Patent and T

  3. Einhorn's Greenlight Capital hedge fund slumps 6.1 percent in July[more]

    From Reuters/Thefiscaltimes.com: Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to five-year lows last week. Greenlight notified clients of its returns late on Friday, ac

  4. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

  5. Cargill’s Black River Asset to shut down four hedge funds[more]

    Komfie Manalo, Opalesque Asia: Cargill Inc.’s $7.4 billion Black River Asset Management said it was closing four hedge funds with a combined $ 1 billion in assets and start returning investors money over the next several months, various media said. The hedge funds represent 15% of Black River’

 

banner