Louis Dreyfus Closes HF To New Investors

Louis Dreyfus Group has stopped accepting new money from investors for its $2 billion commodity hedge fund, Bloomberg reports. The Louis Dreyfus Commodities Alpha Fund’s assets have increased 20 times in the two years since its launch in 2008.

The vehicle, which was started with $100 million investment, is managed by Ian McIntosh. The fund focuses mainly on farm products including grains, oilseeds, sugar, coffee and cocoa.

Click here for the story from Bloomberg.