2009-07-06 — finalternatives.com
The New York-based commodities hedge fund shop launched the two funds this month with a combined $100 million, Bloomberg News reports. Despite the fact that Ospraie was forced to close its Ospraie Fund, once the largest commodities hedge fund in the world, in September after a 39% loss, it took the firm just two months to raise the money. Firm founder Dwight Anderson called available investment opportunities “as compelling as I have seen in my 15-plus years of investing.â€
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