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.