This time, you could be forgiven for thinking, Louis Gargour is serious. Really serious. But of course that is an over-simplified, and perhaps a slightly lazy, conclusion - because his track record in managing credit funds over an impressively long period demonstrates pretty clearly that Gargour has never been anything other than serious.
LNG team: back, l to r – Charlie Hoblyn, Steven Mitra, Richard Cross, Neil Warrender; front, l to r – Felicity Oudes, Louis Gargour, Zola Mendbayar
The difference, this time, is that Gargour is also investing - and investing conspicuously - in building the sort of powerful platform and team that he believes will finally persuade more investors to back him.
The imminent relaunch of LNG Capital is perhaps the third, arguably the fourth, incarnation of Gargour in the hedge fund world. In his previous incarnations - at Taurus Investment Management, then at RAB Capital and then with his first...