Galena Commodity Trade

Finance

Fund Investment Objectives

The Galena Commodity Trade Finance Fund launched in September 2010. It is a low volatility long only credit fund that invests in debt instruments related to global commodity trade flows and related receivables. The team capitalizes on the Trafigura group's track record in managing the different risks associated with this strategy. The portfolio targets a net performance of LIBOR + 400 to 500bp, with moderate leverage and quarterly liquidity.