Hedge Fund Farrer Raises $500 Million to Trade Agriculture
- Fund says it has now closed its doors to new investment
- It’s one of the only specialist agricultural commodity funds
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Commodity hedge fund Farrer Capital Management Pty has closed to new investment after raising $500 million, making it one of the only specialist agriculture investors in the market.
In a statement, Farrer Capital said it had “successfully achieved its stated targeted capacity” and had “closed its doors to further investment capital.” Bloomberg reported earlier this year that it had been aiming to raise $500 million.