Ospraie’s Anderson to Give Commodities Hedge Funds Another Try
Wednesday, May 13, 2009 : PermalinkBloomberg – Dwight Anderson, the commodities investor who liquidated his main Ospraie Fund last year after losing 39 percent, is planning a comeback with two new hedge funds set to open July 1.
The Ospraie Equity Fund will buy and sell stocks of commodity and basic-materials companies in industries such as chemicals, mining, paper and natural resources, Anderson said in a May 12 letter to investors. The Ospraie Commodity Fund will invest in commodities and related derivatives, according to the letter, a copy of which was obtained by Bloomberg News.
Tags: basic materials, bloomberg, chemicals, commodities, commodity, derivatives, dwight-anderson, equity-fund, investor, investors, july-1, materials-companies, natural resources, ospraie fund, stocks
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