Black River flows out of Cargill

Sat Nov 1, 2003

Cargill, the agro-business giant, is taking a sizeable minority stake in a giant new hedge fund operation that it is spinning out of one of its proprietary trading activities. The new group, called Black River Asset Management, aims to launch a series of funds starting in the first half of next year.

Black River will continue to run around $400 million of proprietary money for Cargill, but will also raise money from outside investors for its...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.


Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI