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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Armajaro CEO Departs

Aug 12, 2013
Jing Chen

Andrew Stone, the CEO of soft commodity trading giant Armajaro Trading, has resigned after just seven months at the post.

Bloomberg reported that Richard Gower, the co-founder of Armajaro Holdings which also owns London-based hedge fund firm Armajaro Asset Management, will replace Stone as the head honcho. Stone took over the CEO role on January 14 from Gower who previously held the title.

Stone’s plan after departure was not disclosed.

Founded in 1988, Armajaro Holdings’ asset management division manages seven hedge funds.

 

 

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