Freepoint At-A-Glance

In short: in it for your long-term trust.

  • We manage physical trading from the point of production.
  • We leverage valuable strategic relationships that add efficiencies to client transactions —through an established presence in logistics and marketing.
  • Our roots stem from the successes of Sempra Energy Trading— and the equity support of Stone Point Capital.
  • We are agile. Committed. We have “boots on the ground.”
  • We provide creative, scalable financing solutions for our clients.
  • We are Freepoint Commodities.
  • And we believe market ingenuity and experience always wins the day.

fpo_at-a-glance_01The Freepoint Advantage

Our expertise is in being able to use our intellectual capital toward structured, scalable financing and debt solutions that leverage our global presence in physical markets. We pride ourselves on the agility to make fast decisions — but build long-term relationships.

Learn more >

Back to News

Freepoint expands oil business

Freepoint Commodities has made several further hires in Greenwich, Conn., and London as it looks to build an oil-trading business.

Bill Davidson and Jeremy Weil are joining Freepoint from Glencore as co-heads of its oil gathering & distribution group.

Davidson joins Freepoint this week and will focus on arbitrage opportunities in the growing domestic oil production boom, says a source.

From 2006-2010, he scheduled crude oil, gasoline, and distillates for Glencore in Stamford, Conn., and from 2011, was a business development analyst on Glencore’s crude oil desk.

Weil joined Freepoint last week after two years at Glencore and three years at J.P. Morgan.

Separately, Nik Domanski, an oil trader at Bank of America Merrill Lynch in London, will join Freepoint’s London office in July as an oil trader, specializing in North Sea crude oil. He left BAML last week after five years at the bank. He previously spent a decade trading crude at BP and before that worked for Neste Petroleum in London.

Meanwhile, Aaron Markley joined Freepoint in February as crude oil trader. From 2006-2011, he was the global lead crude oil strategist and head of global oil market analysis at BP in Chicago. He also spent 14 years at Cargill as an energy trading manager.

Lastly, Lou Santore joined Freepoint early last quarter as managing director of global oil operations. He previously spent two years at Noble Group in Stamford as director of operations and before that was senior v.p. of operations at Sempra Energy Trading and RBS Sempra Commodities.

Last month, Brian Cumming, a managing director within Deutsche Bank’s commodities group in New York, resigned to join Freepoint as head of a new structured commodity finance business.