Lender Kimura to Close Trade-Finance Business, Return Money to Goldman Sachs

Private commodity financier Kimura Capital LLP is closing its London-based lending business, the latest exit from a sector that has witnessed a flight of capital in recent years.

Kimura — which had grown into a significant lender to commodity trading companies — is shutting its financing arm and returning money to investors including Goldman Sachs Asset Management, according to people familiar with the matter who declined to be named discussing sensitive details.