Commodity-focused hedge fund Farrer Capital Management is seeking to raise up to $400m for a new agriculture strategy, as specialist managers look to capitalise on renewed investor interest in commodities despite a cooling in returns, according to a report by Bloomberg.
Led by founder and chief investment officer Adam Davis, a former head of commodities at Merricks Capital, the Melbourne-based firm is aiming to secure $200m by the end of the first quarter and reach its full $400m target by year-...
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