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

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR