Bloomberg – Hall Commodities LLP, a London-based $100 million hedge-fund firm run by Tony Hall and Arno Pilz, told clients it’s shutting down after less than two years in business, citing poor performance.
The firm will return money to investors at the end of the month after its main fund lost 1.6 percent in September and 11 percent this year, Hall said in an Oct. 9 client letter, a copy of which was obtained by Bloomberg News. The firm, which was incorporated in December 2012, lost 10.1 percent since inception.
