Ospraie Management Launches Two New Commodity-Focused Hedge Funds

July 12th, 2009
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Dwight Anderson’s Ospraie Management LLC launched two new commodity-focused hedge funds this month with approximately $100 million. According to Bloomberg, the firm has been raising money for the Ospraie Equity and Ospraie Commodity hedge funds since May. One attraction of the new funds is their low fee structure, which is only 1% & 10%, as opposed to the standard 2% & 20% that most hedge funds charge.

The Ospraie Equity Fund buys shares of commodity producers and companies from chemical, mining and paper industries, while the Ospraie Commodity Fund invests in commodities and related derivatives.

Last year the hedge fund manager was forced to liquidate its flagship fund, the Ospraie Fund, which had recorded losses of more than 30% last September.
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For Detailed Investor Profiles on these Investors, click below:
Ospraie Management
Related People: Dwight Anderson
Related Entities: Ospraie Fund*; Ospraie Real Return Fund; Ospraie Special Opportunities Fund; Ospraie Wingspan Fund; Tudor Investment Corporation* Lehman Brothers*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

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