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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.



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