Phibro LLC - Investor Profile
Primary Address: | Investor Information: |
| 500 Nyala Farm Road | Total AUM ($MM): | 2,000 |
| Westport, CT 06880 | Equity AUM ($MM): | NA |
| United States | Investment Style: | Commodities Focused |
| Phone: 203-221-6175 | Orientation: | Active |
| Investor Type: | Hedge Fund Manager |
Institutional Investor Background
Phibro LLC is an energy trading firm and hedge fund manager originally founded in 1914. The firm is run by famed energy trader Andrew Hall. Phibro was a subsidiary of Citigroup, until government oversight forced Citi to sell Phibro to Occidental Petroleum Corporation (NYSE: OXY) in October 2009. OXY is an international oil and gas exploration and production company. Phibro invests in commodities including oil, natural gas, metals, and agricultural products. The firm manages the Phibro Commodities Fund and Phibro Oil Fund. In 2010, Andrew Hall launched Astenback Capital Management to manage hedge funds for outside investors. Mr. Hall owns 80% of Astenbeck Capital, while Occidental owns 20%.
Founders and Key Executives of Phibro LLC: Andrew Hall
Entities related to Phibro LLC: Citigroup*; Occidental Petroleum Corporation (NYSE: OXY); Phibro Commodities Fund; Phibro Oil Fund; Astenbeck Capital Management
Related Firms (See Investor Background for more Details): Armajaro Asset Management; | Astenbeck Capital Management; | Astenbeck Capital Management |
Articles Related to Phibro LLC
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| 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... |
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| 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... |
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| 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... |
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| 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... |
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| 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... |
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