Albright Capital and De Jong Capital Acquire Structured Commodities Division of ED&F Man Capital Markets; Company to Accelerate Technology-Driven Risk Management Solutions for Commodity Markets

SAO PAULO, WASHINGTON AND LONDON, Jan. 12, 2021 /PRNewswire/ — Albright Capital and De Jong Capital are pleased to announce that they have jointly acquired the Structured Commodities division of ED&F Man Capital Markets, which will be rebranded as HedgePoint Global Markets. Financial details of the private transaction were not disclosed. The division, led by Heber Cardoso, has provided risk management solutions for the agricultural and energy commodities markets since 2014. Through HedgePoint, the same team will continue to provide financial risk management products, market intelligence, and superior customer service leveraging technology to its growing customer base in Latin America, the US, and Europe. Fueling tech-driven solutions for commodity markets: De Jong Capital acquires ED&F Man’s Structured Commodities Division Philip Lotz, former Executive Chairman of Pillar Capital Management and CEO of Swiss Re Capital Management and Advisory, will become an Independent Director of HedgePoint. Mr. Lotz has extensive experience managing trading operations, having held senior management roles overseeing trading desks and various business lines at Greenwich Capital Markets prior to his time at Swiss Re. Albright and DJC bring decades of experience growing successful global businesses; specific expertise in financial technology and structured financial products; and significant financial resources to continue developing and enhancing HedgePoint’s technology and product… continue reading

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Source: CTRM Center

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