Tue, Apr 16, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Swiss hedge fund, Tiberius adds new natural resources fund

Wednesday, April 10, 2013
Opalesque Industry Update: Tiberius, the Swiss investment manager known as a leading independent commodity specialist, has further enlarged its product offering by taking over the VCH Natural Resources Fund as of 1st April 2013. The fund which has about USD 60 Million in assets will be embedded into the research platform of Tiberius and benefit from its strong fundamental analysis. The fund complements the product range which already includes long only, long/short and global macro products.

At the same time, Tiberius announces the arrival of Dr Torsten Dennin who has previously been involved in the portfolio management of commodity futures and equities at Deutsche Bank and VCH in Frankfurt, Germany. Dr Dennin, who did his doctorate in commodity forward structures and price optimization, managed for more than 8 years commodity portfolios using futures and options which were benchmarked against the DJUBS Commodity Index.

Christoph Eibl, CEO at Tiberius, explains the reasoning behind the firm’s new product and hiring: “We have been on the lookout for a commodity equity fund for a long time and we were able to take over the management of the VCH Natural Resources Fund, which has a very long track record and a substantial asset base. We are convinced that our strong fundamental knowledge in combination with a solid bottom-up approach will lead to superior returns.”

Christoph Eibl further adds: “We are excited to reinforce our team with such an experienced and competent professional. Our new hire’s solid market expertise and proven ability to produce superior returns are key to helping us achieve our targets and to meet the expectations of our clients.”

The Tiberius Group, is a Swiss investment company with assets under management currently totaling USD 1.85bn, of which roughly USD 1.2bn are held in commodity futures. Its flagship fund and strategy, the Commodity Alpha OP currently holds around USD 1.0bn in assets. Tiberius is a recognized provider of strategies covering all aspects of the commodity sector. The firm’s business focus is on the active management of long-only and long/short commodity portfolios.

Tiberius Group

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1