Sun Mountain Invests In ETP Specialist Teucrium

Jun 27 2011 | 9:15am ET

Private equity and VC firm Sun Mountain Capital has invested in Teucrium Trading and its family of single-commodity exchange-traded products. The value of the investment was not revealed.

Said Teucrium President Sal Gilbertie, “We are very excited by this investment in Teucrium and see it not only as an endorsement of our business model, but also a reflection of surging interest in next-generation commodity ETPs.”

Matt Culler, principal at Sun Mountain Capital, said: “Sun Mountain is excited to be supporting an innovative and unique company like Teucrium Trading. As a provider of single-commodity exchange-traded products, we believe that Teucrium’s fund offerings will continue to gain market traction and deliver previously unavailable trading strategies to a marketplace eager for commodities exposure.”

Teucrium’s ETPs include the already launched corn, natural gas and crude oil funds and the soybean, sugar and wheat funds which are expected to receive listing approval by the end of the summer.

Sun Mountain, based in Sante Fe, New Mexico, currently manages or advises on private equity investments worth $500 million.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of