Bloomberg – Former JPMorgan Chase & Co. (JPM) trader Damien Bombell, who left when the bank closed a unit that bet on commodities last year, started a hedge fund to invest in metals, grains and energy.
The Strand Global Macro Fund began investing this year with money provided by Bombell and his partners, he said in a telephone interview. The fund plans to start trading with capital from outside clients in January, and is seeking to have at least $200 million under management, he said.