|Ex-Lehman Brothers banker Edward Filippi has raised $35million for his Switzerland-based Ground Zero Strategic Commodities hedge fund. According to Bloomberg, the fund will launch during the first quarter of 2009 and will invest in energy, metals, and agricultural derivatives. |
Although the name Ground Zero may strike some as controversial and distasteful, it joins a growing list of firms with unusual names that have attracted media buzz. Other notable funds include, the failed activist hedge fund Pirate Capital and government debt trader 5:15 Capital Management, named after a song on The Who’s 1973 album Quadrophenia. Ground Zero Strategic Commodities will have no connection to the Lower Manhattan Ground Zero site.