Friday, 26 December 2014
Last updated 2 days ago
Mar 21 2014 | 11:07am ET
The Carlyle Group’s commodity unit has launched a new gold and base metals fund with $122.5 million.
The Aeris Metals Fund is led by Vermillion Asset Management traders Greg Buechele and James Tatum, Reuters reports. The fund, Vermillion’s sixth, will invest in both physical metals and derivatives.
Aeris’ launch—Carlyle did not specify a date of debut in the regulatory filing—is part of Vermillion’s effort to rebuild its capital base. The unit’s assets under management plummeted by more than half, from $2 billion to $900 million last year.
Carlyle acquired Vermillion in 2012.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.