Baobab Seeks ‘Strategic Partner’ For Natural Resources Fund

Jul 1 2010 | 12:13pm ET

More than a year after launching its first fund, Baobab Asset Management is on the lookout for a little help.

The Connecticut-based firm is seeking a “strategic partner” to invest in its Natural Resources Fund, firm founder Russell Fryer told HFMWeek. “We think a strategic partner is the way to go because seeders like to get in from day one,” the former North Shore Capital natural resources head explained.

Day one for Baobab was in March of last year. The long/short fund returned 22% in 2009 and is flat this year; its largest investments are in uranium, lithium, agriculture, platinum and coal.

Fryer said he’d welcome a minority investment in hedge fund itself or through a managed account, and it looking outside the traditional seeding environment, including to banks and “specifically natural-resources focused” firms.


In Depth

Q&A: Pantheon’s McCrary Says Private Equity Market ‘Robust’

Dec 17 2014 | 8:32am ET

Dennis McCrary is a partner at Pantheon, a private equity firm with $32.2 billion...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.