Macquarie Buys British Commodity Hedge Fund

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.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of