User:WestportWiki/Castleton Commodities International
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Castleton Commodities International, LLC (CCI) is a privately held global merchant firm that is involved in commodity trading and is active in a wide spectrum of global energy markets.[1] Under the name Louis Dreyfus Energy the company was formed in 1997 by the Louis Dreyfus Company as a subsidiary to trade energy.[1] By 2006 Louis Dreyfus Energy was ranked as one of the 10 largest natural gas marketers within the United States.[3] The company has worldwide interests covering "the physical delivery of petroleum and natural gas as well as financial interests in energy".[3]
Formerly | LDH Energy |
---|---|
Company type | Private |
Industry | Commodity |
Founded | 1997; 27 years ago (1997) |
Headquarters | , |
Area served | Global |
Products | Raw materials / Energy / Merchant |
Owner | Glenn Dubin Paul Tudor Jones Timothy Barakett |
Number of employees | 650[2] (2015[2]) |
Website | www |
In 2006 Highbridge Capital Management a new york based hedge fund invested as a joint venture in Louis Dreyfus Group to increase their access to and control of energy delivery within trading markets.[3] The joint venture was called Louis Dreyfus Highbridge Energy LLC (LDH Energy).[3]
In October 2012, it was announced that Glenn Dubin, Paul Tudor Jones and Timothy Barakett were among a group of investors buying the merchant energy operation Louis Dreyfus Highbridge Energy ("LDH Energy") from Louis Dreyfus and Highbridge.[4] The reason for Louis Dreyfus to sell LDH Energy was it sought to raise capital to expand its agriculture trading business.[4] The new company was named Castleton Commodities International, LLC where Dubin as of 2012 is the lead shareholder.[5]