Anchor Point Launches Commodity Fund Of Funds

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.

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