Thursday, 26 November 2015
Last updated 1 day ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…