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Astenbeck Capital Management - Investor Profile
Primary Address: | Investor Information: | |
| 500 Nyala Farm Road | Total AUM ($MM): | 1,400 |
| Westport, CT 06880 | Equity AUM ($MM): | NA |
| United States | Investment Style: | Commodities Focused |
| Phone: 203-221-6175 | Orientation: | Active |
| Investor Type: | Hedge Fund Manager | |
Institutional Investor Background
Astenbeck Capital Management is a hedge fund manager that was formed in February 2010 by Andrew Hall, Phibro LLC's famous CEO, and Occidental Petroleum Corporation with the purpose of managing hedge funds for Phibro's outside investors. Mr. Hall will continue to lead Phibro LLC, which was acquired by Occidental Petroleum from Citigroup in 2009. Mr. Hall owns 80% of Astenbeck Capital, while Occidental owns the remaining 20%. Astenbeck is allegedly named after a historic village near Mr. Hall's property in Germany. Half of Astenbeck Capital assets are managed in pooled commodity hedge funds.
Founders and Key Executives of Astenbeck Capital Management: Andrew Hall
Entities related to Astenbeck Capital Management: Astenbeck Commodities Fund II LP; Astenbeck Holdings LLC; Phibro LLC; Occidental Petroleum Corporation; Phibro Commodoties Fund*; Phibro Oil Fund*; Citigroup*
Related Firms (See Investor Background for more Details): Phibro LLC;
*Denotes that the person or entity is no longer related to the firm. **If you would like to submit investor updates, please click here
Astenbeck Capital Management's Top 10 Equity Holdings (as of 2011-06-30)
Astenbeck Capital Management's Top 10 Equity Holdings (as of 2011-06-30)
| Value | ||||
| Company (Ticker) | ($MM) | Shares | Change | % Out |
| SPDR Energy Sector (XLE) | 181.69 | 2,411,305 | 714,053 | 2.68 |
| Oil Service HOLDRs Trust (OIH) | 76.51 | 503,332 | 351,002 | 0.56 |
| National Oilwell Varco Inc (NOV) | 31.20 | 398,945 | 134,181 | 0.10 |
| Market Vectors - Gold Minders ETF (GDX) | 29.78 | 545,439 | 4,078 | 0.69 |
| Halliburton Co (HAL) | 28.34 | 555,587 | 163,049 | 0.06 |
| Schlumberger Ltd (SLB) | 27.66 | 320,105 | 105,118 | 0.02 |
| streetTRACKS Series Trust - SPDR Oil & Gas Exploration & Production ETF (XOP) | 27.55 | 468,650 | 3,504 | 0.05 |
| Royal Dutch Shell Class A (RDS.A) | 20.52 | 288,519 | 61,311 | 0.09 |
| Hess Corporation (HES) | 18.94 | 253,277 | 34,483 | 0.08 |
| Chevron Corp (CVX) | 18.79 | 182,660 | -44,940 | 0.01 |
 |  | View Sample Report |
Articles Related to Astenbeck Capital Management
Top hedge fund spin-offs YTD launch with over $7 billion in assets | ||
| Date: August 1st, 2010 | ||
| HedgeTracker recently analyzed the year-to-date | ||
Andrew Hall’s Astenbeck Capital raises more than $1 billion for new commodities hedge fund | ||
| Date: June 27th, 2010 | ||
| Andrew Hall has raised $1.08 billion for his firm’s new hedge fund, the Astenbeck Offshore Commodities Fund II Ltd. According to Reuters, Astenbeck... | ||
Andrew Hall raises over $1 billion for Astenbeck Offshore Commodities Fund | ||
| Date: June 22nd, 2010 | ||
| Andrew Hall, the former Citigroup trader infamous for the $100 million bonus he received last year, has raised $1.08 billion for his new hedge fund, the... | ||
Oil Market Update: Hedge funds increase net long positions in crude oil futures | ||
| Date: February 21st, 2010 | ||
| Oil Market Summary for 02/16/2010 to 02/20/2010 -- An easing of the crisis in Europe gave energy markets a firm tone last week that enabled crude oil... | ||
Phibro LLC’s Andrew Hall launches Astenbeck Capital Management | ||
| Date: February 19th, 2010 | ||
| CEO of Phibro LLC, Andrew Hall, has formed a new hedge fund group, Astenbeck Capital Management, to oversee outside funds. According to the Financial... | ||
Phibro LLC opening Commodities Hedge Fund to New Investors | ||
| Date: November 22nd, 2009 | ||
| Occidental Petroleum’s (NYSE: OXY) newly acquired energy-trading unit Phibro LLC, a former unit of Citigroup (NYSE: C), has opened up its commodities... | ||
