Fund launches: Blacksquare Capital to launch commodity focused FoHF, New Blacksquare Capital Global Macro FoHF outperforms in 2008, SGAM to launch global infrastructure, frontiers funds for UK in 2008, Cogo Wolf Global Strategy Fund launches euro class for U.S. investors, Update: Aegon`s alpha spin off firms to launch long/short hedge funds in April
|
|
|
Opalesque Exclusive: Blacksquare Capital to launch commodity focused FoHF, New Blacksquare Capital Global Macro FoHF outperforms in 2008
Blacksquare Capital will be launching a commodity focused fund of hedge funds May 1st. The fees will be 1% management and 5% performance for the first $100 Million.
“My business partner, Christopher Peel, and I believe that the commodity super cycle is going to continue for a number of years, for a number of reasons, but the primary drivers will be the increased urbanization of countries such as China and the rising living standards and improved diets in emerging economies whose standards of living demand better food, more energy and improved infrastructure. For example, is planning to spend $1 trillion on infrastructure in the next decade and is building 100 new regional airports. In the , they continue to build complete new cities. Having said that, investors are wary of buying a long-only commodity index because they want to be able to profit from declining and rising commodity markets, especially after last year. In 2007, Wheat was up +73%, Corn +21%, Copper +24%, Gold +31%, Coal +98% and oil +46%” Blacksquare co-founder Madilean Coen says.
“Our value added in creating a commodity focused fund of hedge funds is sourcing and allocating assets to the most experienced commodity hedge managers who understand risk management.” summarized Madilean who began her financial career on a commodity and futures brokerage desk an...................... To view our full article Click here
|
|