Saturday, 24 September 2016
Last updated 23 hours ago
Apr 1 2008 | 2:38pm ET
Macquarie Capital has bought a commodity hedge fund from British-based Craton Capital, which is selling its hedge fund to concentrate on its precious metals long-only funds.
The hedge fund bought by the Australian firm manages about US$100 million, including Macquarie’s own investment, HedgeFund.net reports.
The firms did not release details about the transaction.
Craton, founded in 2003, manages some US$330 million.