Blackstone has invested $150 million.George “Beau” Taylor, the global head of commodities arbitrage at Credit Suisse, is preparing to launch his own diversified commodity macro hedge fund in the first quarter of next year. Taylor, who will depart his post at Credit Suisse at yearend, has partnered with Trevor Woods, head of energy arbitrage at Credit Suisse, as well as six other Credit Suisse professionals. The new venture, Taylor Woods Capital Management, will be seeded with $150 million from Blackstone.
The new firm will be located in Greenwich, Conn, and has hired Goldman Sachs and Credit Suisse as its prime brokers. Taylor is