Wednesday, 31 August 2016
Last updated 32 min ago
Jul 2 2010 | 11:27am ET
Anchor Point Capital is branching out with a fund of commodities hedge fund.
The new fund is Anchor Point’s third, following its global macro and hedged equity vehicles. The $121 million firm netted $18 million from institutional investors for the launch, including a large university endowment and a private foundation, according to Pensions & Investments.
The Anchor Point fund features 11 underlying managers. It includes both general commodity funds and sector specialists, the firm told investors in a letter.