Ospraie’s plans point to hedge fund confidence

NineMSN – Ospraie Management is launching two funds focusing on commodities and other liquid securities just eight months after it was forced to close its flagship fund amid huge losses on commodities trades.

The US hedge fund’s move, announced in a letter to investors, is a sign of growing confidence within the hedge fund industry.

"After much reflection and with a number of lessons learned, we see a set of opportunities today that we believe could create significant value for investors in coming years," Dwight Anderson, Ospraie’s founder, wrote in a letter last week obtained by the Financial Times.

Read Complete Article

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , , , , , , , . Bookmark the permalink.

Comments are closed.