Armajaro Preps Sugar Hedge Fund

Jul 28 2008 | 11:20am ET

Commodity specialist Armajaro Asset Management is adding a third hedge fund, focused on sugar, to its portfolio in the third quarter.
 
The firm will launch the CZAR+ Fund on Sept. 1, in partnership with the Czarnikow Group, a provider of sugar market analysis and services. C. Czarnikow Sugar Futures will act as sub-investment manager to the fund.

The CZAR+ Fund’s strategy will include directional, spread and arbitrage trades using exchange-traded futures and options and over-the-counter derivatives in sugar and sugar-related commodities, including ethanol. The fund has also been structured with the ability to participate in movements in the underlying physical commodity.

“Combining the knowledge and expertise of Armajaro Asset Management and Czarnikow offers investors an exceptional and rare opportunity to gain exposure to sugar and other related commodities through this new Fund, which has already received considerable interest,” said Neil Heywood, sales and marketing director at Armajaro.

Armajaro said it expects the fund to close immediately after launch.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...