Launches & Closures

1770 Capital readies commodity fund

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Australian manager 1770 Capital Partners, established in October 2011, is expecting to launch a global energy, mining and commodity fund in March with an expected seed AUM of $90 million.

The fund strategy is based on constrained resources, increased demand and emerging market growth fundamentals, making use of listed and unlisted equity, futures and options and the ability to hold cash and will have a relatively concentrated holding around 15 to 25 positions. 1770 also recognises a cyclical market allowing the manager to short listed equity to take advantage throughout all markets.

The fund will target 15% to