Phibro LLC - Investor Profile

Primary Address:

Investor Information:

500 Nyala Farm RoadTotal AUM ($MM):2,000
Westport, CT 06880Equity AUM ($MM):NA
United StatesInvestment 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

Relevant Firms***: Armajaro Asset Management; Astenbeck Capital Management; Astenbeck Capital Management

*Denotes that the person or entity is no longer related to the firm. **If you would like to submit investor updates, please click here. ***Relevant firms may include firms where founders previously worked, funds that were spun-off from the firm, funds that were seeded by the firm and/or unrelated firms that were founded by veterans of the fund. For specific details, please review the Investor Background sections for each firm of interest.

See Investor Roadshow Profile for Comprehensive Investment Strategy and Complete Holdings

Articles Related to Phibro LLC

Top Mid-Sized Hedge Funds hold their ground, Oversee $50 Billion

Date: February 10th, 2012
The Top 100 Mid-Sized U.S. Equity Hedge Funds oversee $50 billion in assets, according to a recent report that was released by HedgeTracker.

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...

Return to Free Hedge Fund Investor Directory


Copyright © 2009 Privacy Policy