Wednesday, 20 August 2014
Last updated 10 hours ago
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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note