(Reuters) Mark Schulze and Jason Vogt, veterans of Cargill and its Black River Asset Management unit, are preparing to launch their own commodity-focused hedge fund, according to a person familiar with the situation.
The two men set up Minneapolis-based Twin Harvest Capital Partners in August and plan to begin investing sometime next year with approximately $100 million, said the person, who requested anonymity because the information is private.
Schulze and Vogt will share portfolio management responsibilities, the person said. The strategy will focus on trading futures and options related to agricultural products such as corn, wheat and soybeans.