Wednesday, 25 November 2015
Last updated 9 hours ago
Mar 27 2007 | 1:49am ET
Armajaro Asset Management has soft closed its Armajaro Commodities Fund at some $600 million. The firm decided to close the fund in order to “protect performance whilst maintaining trading opportunities in the current market climate.”
The fund was launched in April 2004 and since then has returned over 45% since inception, according to Neill Brennan, Armajaro’s chief executive.
“We are happy to have a diversified and balanced investor base in the fund and are grateful to the investors for their support throughout the past three years since the fund launched in April 2004,” said Brennan.
Armajaro also manages the Coolum Fund, a pan-European equity market neutral fund, with assets of some $260 million.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…