Ex-CQS Asset control portfolio manager Will Smith and
ex-BlueGold Capital partner Jean-Louis Le Mee are teaming up to release a hedge
fund firm known as Westbrook Asset control, a source with knowledge of the
problem said on Tuesday.
The firm become integrated on February three, a submitting
with agencies residence showed, and pursuits to release in mid-March to
alternate a capacity rebound within the charge of crude oil, the source said.
Smith could be chief investment officer of the fund and Le
Mee will be co-chief funding officer, the source brought.
The source declined to present information of the size of
the fund.
Oil prices have fallen sharply over the last two years on
issues approximately oversupply at a time of weak global economic increase,
with Brent crude prices down to less than $35 a barrel.
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