Saturday, 28 February 2015
Last updated 18 hours ago
Dec 17 2010 | 12:45am ET
New York-based commodity hedge fund Jamison Capital Partners has more than tripled its assets under management since its debut a year-and-a-half ago.
The firm's Koppenberg Macro Commodity Fund managed $490 million at the beginning of the month, Bloomberg News reports. The fund launched in June of last year with US$150 million.
Jamison was founded by former Morgan Stanley managing director Stephen Jamison. It lost 7.6% last year, but is up 18.5% this year, it told investors.
Koppenberg added 1.4% last month.
Jamison said it expects 2010's fortunes to spill into next year, telling investors that "the fundamental outlook in crude oil continues to improve."
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…