Ex-Touradji head trader Paul Crone's Citrine opens with strong performance, modest assets

By Rob Copeland

Mon Dec 3, 2012



Paul Crone, once co-portfolio manager of billions of dollars at Touradji, has raised $100 million.


At Touradji Capital Management, Paul Crone was head trader and co-portfolio manager for as much as $3.5 billion in assets. After striking out on his own this fall he has marched directly into a humbling environment for new launches, and manages a little over $100 million at his new Citrine Capital Management, according to people close to the firm.

Headquartered in New York, the metals-focused Citrine has managed to buck at least one trend: The firm is actually making money in commodities. From the beginning of trading in March through the end of October, Citrine...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI