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fpo_at-a-glance_01The Freepoint Advantage

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Commodities merchant hires Sasco team


Commodities merchant hires Sasco team

Freepoint Commodities has hired Joe Howley, formerly a partner at Sasco Energy Partners, and a pair of natural gas traders that also worked at the U.S. hedge fund manager.
Howley, Brian Lisoski and Garth Camp are set to start at Stamford, Conn.-based Freepoint today, SparkSpread has learned.
Howley joins as a senior managing director, whilst Lisoski and Camp join as vice presidents of trading.
The appointments are a coup for Freepoint, says a source, adding that Howley, a former head of gas trading at Goldman Sachs, is one of the best traders in the U.S. gas market.
The hires come as renewed volatility in the U.S. gas markets is also creating new opportunities for energy merchants both to trade their own accounts and assist clients, says the source.
Howley, Lisoski and Camp left Sasco earlier this year, as first reported by SparkSpread on April 17.
Last August, Howley and another partner bought out the fund’s founder Todd Esse.
Prior to joining Sasco, Howley was a managing director of natural gas derivative trading at Sempra Energy Trading, where he worked with Freepoint’s founder David Messer.
Before that, he worked for Goldman and Tudor Investment Corp.
Lisoski and Camp also previously worked for Sempra.