Investing

Iranian Oil Kingpin’s Hedge Fund Manages Millions From London

Ocean Leonid —  a fund operating from London’s Knightsbridge neighborhood —  has hired financial industry veterans and is said to trade on behalf of Iran’s Hossein Shamkhani

Ocean Leonid Investments’ London home at 180 Brompton Road in the Knightsbridge neighborhood.

Source: Google Maps

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Just blocks from London’s luxurious Harrods department store sits an office that’s a key cog in an Iranian oil kingpin’s financial empire.

The building at 180 Brompton Road is one of the main outposts for Ocean Leonid Investments, a hedge fund overseen by Hossein Shamkhani, the secretive commodities trader whose network is an influential player in both Iran and Russia, according to more than a dozen people familiar with the matter and documents seen by Bloomberg.