Tim Whyte, Carl Linderum and Ben Belldegrun, all of whom were previously colleagues at Brevan Howard Asset Management, intend to start a natural resources hedge fund early in 2012, Financial News reports. They have already got commitments of over $100 million for the fund which will be looking at global commodities and equities.

The three have established a new company which will have Whyte as CIO. Linderum and Belldegrun will serve as senior partners on the investment team. The trio moved to Brevan Howard in 2008 from hedge fund firm Sofaer Capital, where they managed a natural resources hedge fund.

Click here for the story from Financial News.