Tudor, Pickering, Holt & Co. LLC, a boutique investment and merchant bank focused exclusively on energy, has tapped Citadel Asset Management's global sector head of energy and utility equities, Paul Chambers, to run a new hedge fund, according to a person familiar with the situation.
The hedge fund will be the first of several funds TPH aims to launch under its newly set up asset management unit, overseen by former Goldman Sachs & Co. banker Walker Moody, the person said. Moody was most recently a vice president at Goldman Sachs' private client group, catering to high net worth clients.