Commodities Veteran Leiman Readies Hedge Fund as Sector Recovers

(Bloomberg) Market veteran Ricardo Leiman, who five years ago co-founded the company that became Engelhart CTP, is preparing to launch a new commodities hedge fund that he hopes to build to $1.5 billion. The fund will invest in raw materials including coal, iron ore and base metals and begin trading next month with money from its partners. The launch comes as a recovery in commodity prices lures investors back to the sector, following a collapse in the market four years ago.

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