Ex-Millennium Manager Tan Plans to Start Commodity Hedge Fund

``Tan Tien Leong, the former fund manager at Millennium Capital Partners LP, plans to start a commodity hedge fund in January. The AN Commodity Fund, based in Singapore, will invest in energy, metals and agricultural derivatives traded on exchanges, Tan said in an e-mail. The fund will start with $10 million, investing on average next year 25 percent in precious metals, 30 percent in energy and the same proportion in agriculture. ''