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Galena Energy Hedge Fund Chief Lixi Said to Leave Company

Bloomberg – Claude Lixi, the head of Galena Asset Management Ltd.’s energy hedge fund, left the London-based company, according to two people with direct knowledge of the departure.

The people didn’t say whether he resigned or was fired, and asked not to be identified because the information is private. Lixi, 40, who was based in Geneva, declined to comment when contacted yesterday on his mobile phone. Duncan Letchford, the company’s chief investment officer in London, didn’t return a message left with his secretary yesterday.

Lixi joined Galena, owned by Trafigura Beheer BV, in May 2009 from Morgan Stanley, where he traded oil options.

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