Saturday, 18 April 2015
Last updated 1 hour ago
Jan 17 2008 | 1:00am ET
U.K.-based Armajaro Asset Management next month is reopening its US$800 million Commodities Fund for additional capacity of some US$250 million. The fund, which trades in soft commodities, metals, energy finished up just over 20% last year.
The fund employs a discretionary approach with additional technical signals. It charges a 2% management fee and a 20% incentive with a $100,000 minimum investment requirement.
Armajaro in November soft closed its CC+ Fund, a soft commodities fund with an initial focus on cocoa and coffee, at US$500 million. The firm also manages the US$100 million Coolum Fund, a European equity market neutral offering.
Founded in 1998, Armajaro has three main business activities: cocoa and coffee origination and distribution; commodity and equity hedge fund investment management; and structured products.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…