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Mark Lyons joins Touradji Capital Management's new Singapore office

Touradji Capital Management, a commodities-focused hedge fund manager, has announced that Mark Lyons has joined the firm's newly-established Singapore office as a shipping and oil specialist, with responsibility for developing Touradji's business in Asia.

Lyons will examine shipping opportunities in the futures market, public and private equities as well as trading energy products. 'We are pleased to have Mark on board, and we're particularly excited about opening an office in Singapore,' says the firm's founder and managing partner Paul Touradji.

'Asia is a very important market for us, and opening an office in Singapore will provide a base from which we'll be able to expand our research and investment. Mark is an industry expert with a very extensive background.

'He began his career as a refinery engineer, moved to trading crude and refined products and then applied this expertise to the crude shipping markets. Mark's unique skills and knowledge will complement our already strong investment team.'

Lyons spent nine years at Chevron, initially as a chemical engineer at the Pembroke refinery specialising in business and planning, then as a crude trader at the firm's London office. He subsequently helped to establish RWE Trading as a recognized oil trading group, where he specialized in oil arbitrage and forward freight agreement trading. In 2004 Lyons became a partner at Navig8, a firm that operates across the shipping value chain with core expertise in oil products.

Touradji Capital Management, which has more than USD3bn in assets under management, invests in commodities and commodity-related equities with a fundamental approach to analysis and investment. Paul Touradji began his hedge fund career with Julian Robertson's Tiger Management.

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