Natural Resource Fund Up 27%, Manager Predicts $75 A Barrel

Jan 19 2006 | 7:41pm ET

Garrett Smith, general partner at Dallas-based hedge fund firm Spinnerhawk Capital Management, which just passed its six-month-mark with net returns of 27.5%, has seen the highs and lows of the oil industry and expects crude to settle around $75 a barrel by year-end. According to Smith, Spinnerhawk’s fund has been taking in money each month since its inception in July, and now has $40 million in assets under management.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…