Vermillion, the commodity arm of U.S. private equity group Carlyle Group LP, started trading a new gold and base metals fund this month as it seeks to rebuild market presence after losing more than half of its capital, people familiar with the matter said on Thursday.In a regulatory filing dated Feb. 14, Vermillion's chief operating officer, Christopher Zuech, said the Aeris Metals Fund had raised $122.5 million from 23 investors in total. The filing did not state the launch date.Carlyle spokesman Randy Whitestone declined comment.Aeris, focused on both physical and derivatives trading, is one of the first commodity fund launches of the year, after a tumultuous 2013 when institutional cash left the space to chase a rally in equities. Commodity-focused hedge funds were also roiled by lower volatility last year.
Shares of CG fell by 0.54% or $-0.18/share to $33.14. In the past year, the shares have traded as low as $23.85 and as high as $39.38. On average, 575863 shares of CG exchange hands on a given day and today's volume is recorded at 452881.
New Gold Inc. is engaged in gold mining and related activities, including acquisition, exploration, extraction, processing and reclamation. Shares of NGD traded higher by 0.09% or $0.005/share to $5.54. In the past year, the shares have traded as low as $4.68 and as high as $9.64. On average, 3624830 shares of NGD exchange hands on a given day and today's volume is recorded at 2199548.
New Gold Inc. is engaged in gold mining and related activities, including acquisition, exploration, extraction, processing and reclamation. Shares of NGD fell by 0.32% or $-0.02/share to $6.22. In the past year, the shares have traded as low as $4.99 and as high as $9.87. On average, 1045750 shares of NGD.TO exchange hands on a given day and today's volume is recorded at 604180.
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