The Euro share class of our flagship strategy, launched in February 2020 to meet investor demand for euro-denominated exposure to the trade-finance asset class.
The structure mirrors the USD fund: a Cayman Segregated Portfolio open-ended vehicle making back-to-back purchase and onward sale contracts in physical commodity transactions, with end-buyer prepayment fees providing a price-risk buffer.
Pension schemes, corporate treasuries, family offices, and insurance companies have adopted this strategy as a fixed-income alternative — drawn to short tenors, no lock-in, and diversification away from both listed financial markets and pure private credit.