Armajaro Asset Management Launching Focused Fund

August 8th, 2012
| More
In an effort to boost total firm assets, Armajaro Asset Management announced the launch of its first equities fund, the Armajaro Global Financial Fund. As reported by Reuters, CEO Harry Morley seeks to capitalize on a resurgent financial industry by investing in banks, insurance companies and other financial services companies.

Harry Morley has tapped two financial fund managers from TT International, Ben Steele and Peter Walters, to manage the Armajaro Global Financial Fund which will launch with as much as $100 million in assets. Armajaro Asset Management, which currently manages $1.5 billion and is a giant in the cocoa and coffee trade, seeks to increase total assets to $10 billion.
For Detailed Investor Profiles on these Investors, click below:
Armajaro Asset Management
Related People: Anthony Ward; Harry Morley; Nick Glinsman; Richard Gower
Related Entities: Armajaro CC+ Fund; Armajaro Commodity Funds; Armajaro Emerging Markets Fund; Armajaro STS Commodities; Armajaro Holdings Limited, Armajaro Limited; Armajaro Natural Resources
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

More Recent Headlines

UCITS HFS Index breaks negative trend, up +0.97% in July

Top New York City Hedge Funds down 25% since 2007

Fortress Investment Group's Asset Under Management Increase to $47.8 billion

Och-Ziff Capital Management Group LLC Reports $116.2 million Net Loss

Patrick Boyle Gets Stanley Fink’s backing to Launch Palomar Capital LLP

Daniel Loeb's Third Point Management makes big bet on Kraft

Charles Nathan Should Spend More Time With Investors

Condor Trading’s Ken Applegate and Scott Brown launch Pacific View Asset Management

Goldman Sachs veteran Christopher Mikosh to Launch TOR Hedge Fund

Earnings surprises, price reaction and value