Four Elements’ Maiden Commodity Fund Debuts

Jan 29 2009 | 1:21am ET

Four Elements Capital, the nascent Singapore-based hedge fund shop, has launched its maiden hedge fund with $8 million.

The firm, founded in November by a quintet of commodities experts from JPMorgan Chase and BNP Paribas, soft launched its Earth Element Fund last month as scheduled. The fund will invest in commodity futures, including energy, agriculture, precious metals and base metals across eight or nine exchanges around the world, according to Asian Investor. Lionel Semonin, formerly of BNP’s global commodity investor group and the chief investment officer of the new fund, will employ both fundamental and quantitative analysis to scrutinize exchange-traded futures. The fund can use leverage up to 200% of notional contract exposure.

In addition to Semonin, JPMorgan veterans Bertrand Egsbaek and Leila Kuhlemthal and Marion Lefevre, formerly of BNP will work on the new offering. Egsbaek handles execution and risk management, Kuhlenthal investor relations and compliance, and Lefevre research.

Earth Element charges 2% for management and 20% for performance, with a $500 million capacity. It boasts monthly liquidity and no lock-up period.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...