Mr. Kim graduated from Northwestern University in 1982 with B.A. degrees in Economics and Biochemistry. He then joined the global Commodity trading group at Cargill Inc., an international producer and marketer of food, agricultural, financial and industrial products and services. At Cargill, Mr. Kim held various positions, which included:
- Domestic trader: Worked with U.S. farmers and country grain elevators and managed a domestic rail position.
- Manager of the Wheat futures desk, Chicago Board of Trade: Responsible for the hedging operations and management of speculative positions.
- Manager of the "Export Desk", Portland, OR: Sold Panamax-sized cargos of corn, soybeans and milo to the Far East.
- Mr. Kim's tenure at Cargill equipped him with a strong understanding of the underlying fundamental factors that affect the prices of commodities around the world. While he was very successful throughout his career with Cargill, Mr. Kim wanted to put his skill-set and talents to work for himself.
In 1989, Mr. Kim became an independent trader on the floor of the oldest trading exchange in America, The Chicago Board of Trade. Early on in Chicago, Mr. Kim recognized that trading ideas that are fundamentally based often must compete against market sentiment and emotions that trump the fundamentals - regardless of how strong or powerful they may be. In order for Mr. Kim to achieve success in all market conditions, he realized it was more important to be a great trader as opposed to a great analyst.
By 1996, his tenacity and drive resulted in him becoming one of the largest traders on the Chicago Board of Trade floor. For 11 years, Mr. Kim achieved continued monetary success as he combined his solid understanding of the commodity markets with his natural ability to interpret trading conditions to capitalize on opportunities that presented themselves at the Chicago Board of Trade, Kansas City Board of Trade and Minneapolis Grain Exchange.
In 2001, Paul Kim teamed up with a fellow trader from The Chicago Board of Trade, David Fox, and founded LaSalle Asset Management; a hedge fund with a fundamental based, relative value strategy that focuses on U.S., exchange-listed agricultural markets.
In 2005, Mr. Kim founded Aventis Asset Management LLC (FKA Misfit Financial Group), a hedge fund focused on worldwide physical commodities that employs a strategy that combines fundamental and technical approaches to the markets.Â The Aventis Diversified Commodity Fund (FKA Barbarian Fund) was later launched in Sep. 2006.
Mr. Kim is currently the sole trading manager for two funds - Aventis Diversified Commodity Fund and the LaSalle Futures Fund II - both of which have enjoyed great success. As of April 2016, Mr. Kim actively manages nearly $400 million in client assets between LaSalle Asset Management and Aventis Asset Management.