New York–based alternative investment manager Mizuho Alternative Investments (MAI) will roll out a fund structure of its Bridge Commodity Program by the end of 2011, HFMWeek reports. The company’s move follows investor demand for access to a fund structure. The $1.4billion company is backed by Japan’s Mizuho Financial Group.
MAI had started its Bridge Commodity Program in a managed account structure in May this year. The commodity-focused portfolio has started concentrating on non-Japanese investors who have shown interest. Toly Spheeris, senior vice president and head of commodity trading, is serving as the portfolio manager for the program.
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