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Middlemarch Partners
Middlemarch Capital Partners, the registered investment advisor associated with New York-based merchant bank Middlemarch Partners, announced today that it intends to increase the size of its MCP Gold LP Fund, a special purpose vehicle that finances the purchase and transport of gold from South America for sale in the Middle East. 

Assets under management will rise from $17.5 million to $20 million. 

The Principals of Middlemarch Partners began investing in a related gold strategy in 2013 and began offering limited partners the opportunity to invest in MCP Gold in 2017. The fund has, since its inception, produced in excess of 20 per cent net returns and offers investors the option of quarterly redemptions. 

The fund has a hard cap at $20 million, and Middlemarch Capital Partners is accepting additional limited partners who want to invest in the fund.

MCP Gold finances the purchases made by a commodities trading firm that buys gold in South America concurrently with a forward contract that has been executed with one of its refining partners in the Middle East. 

MCP Gold is currently open to institutional investors and qualified individual investors.