People: Former SG execs launch multi-commodity discretionary hedge fund

SG commodities team leaves and sets up a discretionary hedge fund team; Srikant Dash parts company with S&P Indexes; Andrew Sozzi Sabatini leaves RBS

Christophe Cordonnier, co-founder of Belaco Capital

Christophe Cordonnier and Frédéric Lasserre, former managing directors in commodities markets at Société Générale (SG), have joined the bank's former head of metals trading, François Beuzelin, to launch Belaco Capital, a multi-commodity discretionary hedge fund that will be managed from Paris.

Lasserre, who headed SG's commodity research and strategy team, and Cordonnier, who set up and ran the bank's sales and structuring commodity investor business, left SG in May.

Belaco Capital, which aims

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