Andurand Capital Management

Team

	Pierre Andurand CIO Pierre Andurand is the founder and Chief Investment Officer of Andurand Capital. Pierre was previously Chief Investment Officer at BlueGold, a global commodities hedge fund which at its peak managed over $2 billion USD, and which Pierre co-founded with Dennis Crema in 2007 and launched in 2008. Prior to BlueGold, Mr Andurand was one of the most successful energy traders at Vitol SA. He started with Vitol in 2003 in Singapore and relocated to London where he became a Partner and remained there until 2007. Between 2002 and 2003, Pierre was a principal and oil trader at Bank of America in Singapore. In 2000 Pierre was recruited out of graduate school by Goldman Sachs to be an oil trader for the bank’s commodities trading unit in Singapore. Pierre holds a MSc in Mathematical and Theoretical Physics from Oxford, a MSc in Astrophysics from Queen Mary University of London, a Masters in International Finance from HEC, Paris and an Engineering Degree in Applied Mathematics from INSA, Toulouse, France.
	Hakon Haugnes CFO/COO Hakon Haugnes is CFO/COO of Andurand Capital and responsible for all operational and financial (non-investment) aspects of the company. Hakon was previously Risk Manager for BlueGold Capital (2010-2012), reporting to the CFO and CIO on all risk management aspects of the hedge fund which at its peak managed over $2 billion USD. Mr Haugnes also developed BlueGold’s information systems and headed up the in-house development team. Hakon was Business Analyst for BlueGold from 2009 to 2010. Prior to BlueGold, Haugnes was co-founder and president of Global Name Registry, a private company which was sold in Q4 2008 to VeriSign Inc (NASDAQ:VRSN). He served with the Norwegian Armed Forces as Strategist and holds a masters degree (honours) in mathematical modelling from the Institute of Cybernetics at the Norwegian Institute of Science and Technology (NTNU) and studied engineering at Institut National des Sciences Appliquees (INSA) in Toulouse, France.
	Fernando Diamond Head of Oil Research Fernando Diamond is the head of oil research at Andurand Capital. Prior to Andurand, he was head of oil and energy research at BlueGold where he joined in 2009 from Louis Dreyfus Highbridge Energy where he had been an oil strategist. Prior to that, Fernando was on the commodities trading desk of Barclays Capital in New York where he developed oil trading strategies for hedge fund clients and the bank. Prior to that, Fernando was an analyst in the commodity trading unit of Citigroup. Fernando graduated from Wharton School of Business, University of Pennsylvania with a Bachelor degree in Finance and Management. He holds his CFA.
	Sara Corsaro Head of Marketing and Investor Relations Sara Corsaro is the Head of Marketing and Investor Relations at Andurand Capital. She was previously at BlueGold Capital in the same capacity where she joined in March 2009. Prior to that, Sara was with Morgan Stanley in the US and UK from 2001 to 2008, having spent the last few years as a member of the Prime Brokerage Capital Introductions team in London. Sara has an MBA in Finance from the University of Chicago Booth School of Business and graduated from Cornell University with a Bachelor Degree in International Relations.
	Maria Douloubakas Compliance Officer Maria Douloubakas is the Compliance Officer at Andurand Capital which she joined prior to launch. Maria was previously at BlueGold where she focused on the firm’s global compliance and legal matters since June 2011. Prior to that, Maria was a consultant with the IMS Group (now Cordium), which she joined in 2008. After completing her legal studies in 2005 she worked with the risk management team at DLA Piper UK LLP. Maria has a 2.1 LLB Business Finance Law degree from Brunel University and has completed the Legal Practice course at the College of Law in London. Maria has also obtained the Charted Institute of Securities and Investment Diploma in Investment Compliance.
	Neel Patel Execution Trader Neel Patel has been the execution trader for Andurand Capital since inception. He was previously the execution trader at BlueGold where he started in February 2008 having built the front office desk/trading operations from launch. Prior to that, he was a physical natural gas shift trader for Statoil. Prior to that, Neel was a natural gas broker at Spectron Group. Neel graduated from University of Southampton with a Bachelor degree in Finance & Economics with Business Information Management.
	Clement Lefert Analyst Clement Lefert is an oil analyst on the investment team at Andurand Capital having joined the firm in June 2013. He was previously a professional athlete, having earned a Gold and Silver medal during the 2012 London Olympic Games as a member of the French swimming team. Clement holds a Master degree in Financial Markets from EDHEC Business School and graduated from the University of Southern California with a Bachelor degree in Economics where he was the recipient of a full athletic scholarship.
	Steen Sherman Execution Trader and Analyst Steen Sherman joined Andurand Capital during the spring of 2016 as an execution trader and analyst. Prior to Andurand, Steen spent five years at Cargill in Geneva, Switzerland across the fuel oil trading and analysis teams. Steen holds a Master’s degree in International Trading, Commodity Finance, & Shipping from the University of Geneva as well as a Bachelor’s degree in Economics from McGill University in Montreal, Canada.
	Casey Dwyer Analyst Casey Dwyer is an analyst on the investment team having joined the firm in August 2017. Prior to Andurand, Casey spent 5 years at JPMorgan in New York and Sao Paulo in various roles in Investment Banking and Private Equity. Casey has an MBA from the Wharton School of Business, an MA in International Affairs from the Lauder Institute at the University of Pennsylvania, and graduated Columbia University with a Bachelor Degree in Economics and Political Science.
	Cameron van der Burgh Analyst Cameron van der Burgh is an oil analyst on the investment team at Andurand Capital having joined the firm in October 2018. Before joining the team Cameron was a professional swimmer obtaining multiple Olympic and World Championship gold medals and currently holds two World Records. He is a Laureus Foundation Ambassador which runs 160 charity programs in over 40 countries. Cameron graduated in Investment Management from the University of Cape Town.
	Other Technology, Finance and Administration Most of the fourteen team members of Andurand Capital previously worked together for many years at BlueGold Capital. In addition to the above, CIO Pierre Andurand is supported by additional experienced professionals in technology, finance and administration.