Argon Capital aims to take advantage of the structural inefficiencies of commodities markets to create superior risk-adjusted returns and scalable capacity for institutional investors.


We deploy in-house commodity-centric strategies that share a common, firm-wide, risk management framework

Multi-Asset Class

We bridge the information gap between commodity-related markets across Futures, Equities and Currencies

Privileged Access

Our expert portfolio managers are able to deploy niche strategies not generally available to institutional investors

Argon Capital Management is a woman-owned asset management company and expects to complete its registration as a MWBE by the end of 2016



Risk-managing commodity diversity to build an all weather portfolio

Argon Capital's sole focus on commodity-related markets allows us to attract and work with some of the best commodity specialists

Our breadth and scale allow our portfolio managers to exclusively focus on generating performance through a strict separation of duties and enhanced access to information flows

Our risk management processes are systematic, transparent and self-policing, and designed to automatically limit drawdowns to within pre-determined levels

  • Top Commodity Talent
  • Better Performance through focus
  • Institutional Quality Risk-Management



Aurelia Lamorre-Cargill


With 20 years of experience in Finance, her main responsibilities lie across the execution and performance management of the organization. She brings extensive experience in building businesses from the ground up, setting and successfully implementing business targets, managing large teams, as well as in creating and launching new ground-breaking products for the Institutional Investor community.

Prior to co-founding Argon, Ms. Lamorre-Cargill was the Global Head of Fixed Income Structuring at Barclays Capital, where she successfully multiplied the product offering and revenues and developed the industry leading Dynamic Index Strategies with several billion USD in AuM. Previously, she was Co-Head of the Principal Finance Structuring Team at Deutsche Bank, where she also spearheaded the design and structuring of iTraxx (CDX) Credit indices. She began her career at J.P.Morgan in Swaps Marketing.

Ms. Lamorre-Cargill has been the recipient of numerous awards that recognize her achievements. She was Finalist for the Barclays Woman of the Year 2010 Business Leader, as well as named one of the 100 Most Influential Women in Finance in Europe in 2007, 2008 and 2009 by Financial News. She was also voted Most Influential Woman in European Financial Markets in 2008, and named as one of the Top 100 Rising Stars in Finance in 2009.

Ms. Lamorre-Cargill earned her Masters Degree in Finance from HEC Paris. She is a certified PADI Divemaster and ran the 2013 London Marathon to raise funds for Medical Aid Films, a charity she actively supports.

Marcos Bueno


As Argon's Chief Investment Officer, his main responsibilities include risk management, capital allocation as well as selecting and managing the team of Portfolio Managers. He has been involved in commodity markets for more than a decade at first-class institutions. He brings a wealth of experience in a variety of trading styles, trading instruments, and across all the subsectors of the commodity spectrum as well as a very quantitative background.

Before co-founding Argon, Mr. Bueno was a Partner and Senior Portfolio Manager at the London office of Connecticut-based Graham Capital, where he managed a commodity portfolio close to 1bn in size. He was one of the early members of Grahams London office, which grew to a staff of more than 20 professionals and achieved an AuM of several billion USD during his tenure at the firm.

Prior to Graham, Mr. Bueno was a Portfolio Manager at JPMorgans internal commodity hedge fund, where he joined from the Fundamental Investment Group at UBS. Previously he worked at Goldman Sachs in the Multi-asset derivatives structuring and in the Power & Gas M&A teams. He began his career at Oliver Wyman.

Mr. Bueno obtained an MBA with Honors and Deans List mentions from The Wharton School. He was an Areces Foundation scholar in recognition of exceptional achievement. He holds an MS in Economics and Applied Mathematics from Ecole Polytechnique in France, and a BS and MS in Industrial Engineering from UPM in Spain. He is a marathoner and former national level competitive track & field athlete.