Ospraie and BNP veterans to launch Commodity-Focused Verulam Resources Hedge Fund

May 14th, 2009
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Bloomberg reports that Andrew Suckling and Russell Plackett are in the process of launching hedge fund manager Verulam LLC. The firm’s flagship fund will be the Verulam Resources Fund. According to the article, the fund “will invest in agriculture, metals and bulk commodities such as coal…The fund may also invest in commodity- related equities.”

Mr. Suckling, who was previously a founding partner of Ospraie Management, will be the firm’s lead portfolio manager. Mr. Plackett, who previously headed-up metals trading at BNP Paribas, will be the lead trader. The other founding partners include COO Joah Sapphire and research head Heath Jansen. Mr. Jansen previously headed up European metals and mining research at Citigroup Inc. The fund will have offices in London and New York
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For Detailed Investor Profiles on these Investors, click below:
Ospraie Management
Verulam LLC
Related People: Andrew Suckling; Dwight Anderson; Russell Plackett
Related Entities: Ospraie Fund*; Ospraie Management*; Ospraie Real Return Fund; Ospraie Special Opportunities Fund; Ospraie Wingspan Fund; Tudor Investment Corporation* Lehman Brothers*; Verulam Capital; Verulam Resources Fund
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

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