Former SG executives launch multi-commodity discretionary hedge fund

Ex-SG commodities executives Christophe Cordonnier, Frédéric Lasserre and François Beuzelin launch broad-based discretionary fund

christophe-cordonnier
Christophe Cordonnier, Belaco Capital

Christophe Cordonnier and Frédéric Lasserre, until recently both managing directors in commodities markets at Société Générale (SG), have teamed up with the French bank's former head of metals trading, François Beuzelin, to launch Belaco Capital, a multi-commodity discretionary hedge fund that will be managed from Paris.

Lasserre, who headed SG's commodity research and strategy team, and Cordonnier, who set up and headed the sales and structuring commodity investor business, left the bank

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