Tuesday, 1 December 2015
Last updated 15 hours ago
Feb 23 2011 | 6:38am ET
The Louis Dreyfus Group has closed its commodity hedge fund to investors after the fund grew from US$100 million at its launch just over two years ago to US$2 billion today.
The Commodities Alpha Fund enjoyed a 17.3% return last year, well ahead of both the average hedge fund and the average commodities hedge fund. The fund, which launched in November 2008, invests primarily in agricultural commodities, Bloomberg News reports.
The commodities fund is managed by Ian McIntosh, a Geneva, Switzerland-based trader who has been with Louis Dreyfus for more than 25 years.
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…