U.K. Firm Offers Commodity, Power Hedge Funds

U.K.-based Ebullio Capital Management has launched a commodity hedge fund, and plans to launch a power and emissions vehicle sometime in the third quarter.

The Ebullio Commodity Fund, an event-driven offering, debuted in January with $4 million in partner capital. The fund opened to outside investors on May 1. It returned 27% in the first quarter, according to Monica Kotzee, marketing director.