Launches & Closures

Veteran manager and prop trader Saporta returns with SOG


Albert Saporta

Albert Saporta, a 20-year veteran Geneva-based manager who for many years successfully ran the SOG and SOG Asia strategies before returning to proprietary trading with ABN Amro in 2006, is now gearing up to re-enter the hedge fund world after an extended period of garden-leave and early retirement.

Saporta has put together a five-strong team based in Geneva and Tel Aviv to help him manage the new SOG Endowment fund, which he is seeding with proprietary capital and aiming to launch in April.

The new fund will run with much the same