Commodities hedge funds suffer in 2011

February 1st, 2012
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Commodities hedge funds performed poorly in 2011, as the sector focused hedge funds as a group recorded their worst year in more than 10 years. According to a Financial Times article, Chris Levett’s Clive Capital reported lost 10.6% in 2011, while Willem Kooyker’s Blenheim fell by 17%. Other prominent losers include Pierre Andurand and Dennis Crema’s BlueGold Capital (-34%), Michael Coleman’s and Doug King 's Merchant Commodity Fund (-29.9%), Bruce Ritter’s Yannix Management (-5.6%), Cargill’s BlackRiver commodities focused hedge fund (-6.8%) and Brevan Howard’s commodities focused hedge fund (-2.9%).

The only bright spots mentioned in the article were Velite Capital Management’s natural gas fund (+51%), Jeremy Weir’s Galena Metals Fund (+11%) and Scott Hobart’s Red Kite Management, which all ended the year in positive territory.
For Detailed Investor Profiles on these Investors, click below:
BlueGold Capital
Brevan Howard Asset Management
Galena Asset Management
Red Kite Management
Related People: Alan Howard; Christopher Rochos; Claude Lixi; David Lilley; Dennis Crema; Duncan Letchford; Frederic Codet; James Vernon; Jean-Phillipe Blodget; Jeremy Weir; Mark Newson-Smith; Mark Newson-Smith; Michael Farmer; Oskar Lewnowski III; Pierre Andurand; Trifon Natsis
Related Entities: Cargill Industries*; Red Kite Australia Pty Ltd.; RK Capital Management LLC: MG PLC*; BH Global; BH Macro; BlueGold General Partner Inc; BlueGold Global Fund LP; BlueGold Investments Limited; Brevan Howard Asia Fund; Brevan Howard Credit Catalysts; Brevan Howard Emerging Market Strategies Fund; Brevan Howard Macro FX; Brevan Howard Master Fund Ltd; Galena Azurite Fund; Galena Energy Fund; Galena Malachite Fund; Galena Metals Fund; Galena Special Situations Fund; HFZ Capital Management Ltd.; Swiss Reinsurance; Trafigura Group
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News

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