Galtere Offers Agribusiness Private Equity Fund

Sep 1 2010 | 10:35am ET

Commodities hedge fund shop Galtere is getting into the private equity business with a new fund that invests in industrial commodity production.

The new fund is managed by Renatto Barbieri, formerly of Deutsche Bank Global Markets’ own natural resource private equity business, and aims to profit from what Galtere calls “inverse stagflation”: the concomitant decrease in value of financial assets and increase in agricultural and other real assets.

“I believe the geography, supply and demand conditions and resources of the countries we have targeted present a wealth of attractive agricultural projects, and we have already begun to invest in projects that offer excellent long term growth potential,” Barbieri said. “The current global and financial conditions make it an ideal time to be launching this strategy, and we are excited at what we can achieve for our investors.”

The fund will invest in a variety of macro-driven global agribusiness opportunities, especially those in agricultural production, infrastructure, technology and soft-food staples. The firm has identified Australia, Brazil and Uruguay as the most promising countries for investment, and aims to help portfolio companies boost efficiency, production and profits over a seven-year timeframe.

Galtere, which manages $1 billion, hopes to raise another $1 billion for the private equity fund, concentrating its marketing efforts on institutional investors, endowments and family offices.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Top 5 Predicted Outcomes Of CalPERS' Hedge Fund Divestment

Sep 22 2014 | 8:35am ET

CalPERS’ announcement to divest of hedge funds has created a significant buzz...

 

Videos

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

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.