What Ospraie Management does

Ospraie Management, LLC is a privately held, New York-based investment management firm founded in 1999 by Dwight Anderson (formerly of Tiger Management and Tudor Investment Corporation) and operating independently since 2004. The firm focuses exclusively on commodities, basic industries, and real assets, managing US $1.9 billion in assets across three core strategies: Ospraie Real Assets (ORA), which performs thematic capital deployment and hands-on portfolio management in agriculture, metals & mining, energy, and commodity processing/logistics; Ospraie Liquid Commodity, a long/short hedge fund investing in commodities and derivatives with a track record dating to 2009; and Ospraie Ag Science (OAS), a thematic venture and growth capital strategy that has deployed over $220 million across 19 agricultural technology investments ranging from seed-stage to public holdings. Its competitive positioning rests on fundamental research, proprietary deal sourcing from a 25-year global commodity network, and an Operating Partner bench drawn from Monsanto, CHS, Dow AgroSciences, Syngenta, Goldman Sachs J. Aron, Ecopetrol, and GeoPark.

The firm's business model is institutional asset management: management and performance fees on third-party capital plus co-investment economics on direct real-asset and venture deals. Customer segments are institutional allocators (endowments, foundations, family offices, sovereign wealth funds) and direct LP co-investors, with distribution conducted exclusively through direct institutional sales and bespoke deal-level structures rather than retail channels. Notable real-asset investments include Passel Farms (approximately 1.5 million market hogs annually), the Five Rivers Cattle Feeding transaction (2018, ~$200 million, 900,000+ head capacity), and GreenFruit Avocados (2026), while OAS portfolio companies span AI-driven autonomous greenhouse control (Koidra), agricultural robotics (Four Growers, Beagle Technology), biological pest control (AgroSpheres, Agragene), and precision agriculture platforms (Phospholutions, Beeflow). The firm has launched, seeded, and managed over 25 different funds and businesses over its history, with operating geographies spanning North America, South America (Peru, Colombia, Mexico), Europe (Spain), and Oceania (Australia).

Ospraie is structured as an LLC headquartered in Rye, NY with a New York City office, employing a core team of approximately 15 professionals on the ORA side supplemented by 20+ outsourced Subject Matter Experts for OAS, plus legal, compliance, finance, IT, and investor relations functions. Leadership includes Dwight Anderson (Managing Partner), Jason Mraz (Co-Founder, President, and Head of OAS), Nathan Ebeling (Partner and Head of ORA, formerly of Goldman Sachs J. Aron), and Scott Baglio (General Counsel, CCO, and COO). The firm does not maintain a public technology product; its intellectual property lies in research methodology, network relationships, and the institutional credibility of its partners.

Name

Ospraie Management

Legal name

Ospraie Management, LLC

Website

https://ospraie.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Ospraie Management is a privately held, New York-based investment management firm founded in 1999 that manages $1.9bn in commodities, basic industries, and real assets across three strategies: a long/short hedge fund, real-asset private equity, and agricultural-technology venture capital, serving institutional allocators and direct LP co-investors globally.

Ownership category

akta.pro rank

Product category

Commodity Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industry

Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG)

Keywords

• Commodity investment management
• Real assets investing
• Hedge fund management
• Agricultural venture capital
• Private equity funds

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Hedge Fund Management (Liquid Investing): Ospraie operates a long/short hedge fund investing in commodities and derivatives with emphasis on fundamental analysis. The strategy generates returns through trading commodity futures, derivatives, and basic industry equities. Returns are uncorrelated to equities, fixed income, and commodity indices. The fund has a track record dating back to 2009.
2. Private Equity / Real Assets (ORA): Ospraie Real Assets focuses on thematic capital deployment and hands-on portfolio management of real assets including farmland, agribusiness, metals & mining, energy, and commodity processing & logistics. Investments are made through SMAs, co-investments, and special purpose vehicles across equity, debt, and structured instruments.
3. Venture & Growth Capital (Ospraie Ag Science / OAS): OAS is a thematic venture and growth capital strategy backing innovations in agriculture. OAS deploys capital across Sustainable Crop Inputs, Diagnostics, Controlled Environment, Protein Health & Efficiency, Intelligent Automation, and Digital Infrastructure sub-sectors. The team has made 19 investments in AG-tech companies ranging from early seed-stage to public holdings, deploying over $220mm over a seven-year term.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Ospraie Management is a commodity and basic industries investment management firm that operates three strategies: Ospraie Real Assets (ORA) for thematic capital deployment in agriculture, metals, energy, and processing/logistics; Ospraie Liquid Commodity Fund as a long/short hedge fund in commodities and derivatives; and Ospraie Ag Science (OAS) as a venture and growth capital strategy backing agricultural technology. The firm manages approximately US $1.9 billion in assets under management and has deployed over $220 million across 19 ag-tech investments through OAS over a seven-year term.

Product overview

Ospraie Management is a commodity and basic industries investment firm that offers three distinct investment strategies: Ospraie Real Assets (ORA) for hands-on portfolio management of real assets in agriculture, metals, energy, and processing/logistics; Ospraie Liquid Commodity Fund for long/short hedge fund investing in commodities and derivatives with fundamental analysis; and Ospraie Ag Science (OAS) for thematic venture and growth capital targeting agricultural technology innovations. The firm manages US $1.9bn in assets and has deployed over $220mm in ag-tech investments through OAS.

Differentiator

Problem solved

Functional benefit

Brands

• Ospraie Real Assets (ORA): Thematic capital deployment and hands-on portfolio management for real assets in agriculture, energy, metals, and commodity processing & logistics.
• Ospraie Liquid Commodity
• Ospraie Ag Science (OAS)

Products and services

• Ospraie Real Assets (ORA) Ospraie Real Assets (ORA) focuses on thematic capital deployment and hands-on portfolio management of real assets in agriculture (farmland and agribusiness), metals and mining (production and trading), energy (traditional and transitional), and commodity processing and logistics. Investments are made through separately managed accounts, co-investments, and special purpose vehicles across equity, debt, and structured instruments targeting asymmetric risk-adjusted outcomes tied to commodity and cycle dynamics for institutional LPs and family offices.
• Ospraie Liquid Commodity Fund A long/short hedge fund investing in commodities and derivatives with an emphasis on fundamental analysis. The strategy operates continuously since 2009 with a bottom-up, microeconomics-driven process generating returns uncorrelated to equities, fixed income, and commodity indices, offered to institutional investors, family offices, and sophisticated individual investors.
• Ospraie Ag Science (OAS) A thematic venture and growth capital strategy that backs innovations helping farmers do more with less. OAS deploys capital across Sustainable Crop Inputs, Diagnostics, Controlled Environment Agriculture, Protein Health and Efficiency, Intelligent Automation, and Digital Infrastructure sub-sectors. The team has made 19 investments in agtech companies ranging from early seed-stage to public holdings, deploying over $220 million over a seven-year term for institutional LPs.

Quantifiable outcome

• OAS deployed over $220mm across 19 Ag-tech investments over a seven-year term.
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered core.

• SimpaticacoreStrategic or Co-development Partner · 24 April 2026Simpatica, one of California's largest avocado growers with 1,400 acres of established California groves, partnered with Ospraie's investment fund to acquire GreenFruit Avocados. Partners Scott Bauwens and Jamie Johnson of Simpatica will lead the combined entity, with Bauwens stepping back from Simpatica to serve as CEO of GreenFruit.
• Intelligent Growth Solutions (IGS)coreStrategic or Co-development Partner · 16 December 2024Intelligent Growth Solutions (IGS), an Edinburgh-based vertical farming technology provider, partnered with Empire State Greenhouses (ESG) on the 'GigaFarm' project in Cobleskill, New York. IGS supplies its modular Growth Towers for the 36,000m2 carbon-negative facility. Ospraie Ag Science holds a board seat at IGS.
• Pinnacle Asset Management, L.P.coreStrategic or Co-development Partner · 17 January 2018Ospraie Management served as a strategic partner to Pinnacle Asset Management in the acquisition of JBS USA Five Rivers Cattle Feeding for approximately $200 million. The transaction involved 11 feed yards across Arizona, Colorado, Idaho, Kansas, Oklahoma, and Texas with capacity for 900,000+ head of cattle. Ospraie's Jason Mraz represented the firm as strategic partner alongside Pinnacle and Arcadia Asset Management.
• Arcadia Asset Management, LLCcoreStrategic or Co-development Partner · 17 January 2018Arcadia Asset Management, led by Jordan Levi, partnered with Pinnacle and Ospraie in the Five Rivers Cattle Feeding acquisition. Arcadia brought livestock marketing and risk management experience, combining with the first-class management team at Five Rivers to create significant value. Arcadia is based in Oklahoma City and is a leading private cattle feeding operator.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Touradji Capital Management: Boutique commodities-focused hedge fund founded by Paul Touradji, a former colleague of Ospraie founder Dwight Anderson at Tiger Management. Directly comparable in focus on long/short commodity investing and fundamental research approach.
• Andurand Capital Management: Commodity-focused hedge fund manager specializing in energy and agricultural markets. Pierre Andurand's energy/ag commodity focus and fundamental-driven approach closely mirrors Ospraie Liquid Commodity's strategy.
• Astenbeck Capital Management: Commodities-focused hedge fund founded by former trader Andy Hall (formerly of Soros Fund Management and Citadel). Direct competitor in fundamental commodities investing with similar institutional LP base.
• Pharo Management: Macro/commodity-focused investment manager with proprietary fundamental research and global commodity exposure. Closely comparable to Ospraie's liquid commodity strategy in size, focus, and approach.
• Arrowgrass Capital Partners: Alternative asset manager with significant commodities and special-situations focus. Closely comparable to Ospraie Liquid Commodity and Ospraie Real Assets in size and multi-strategy approach.
• Pinnacle Asset Management: Commodity-focused alternative manager that partnered with Ospraie on the Five Rivers Cattle Feeding acquisition. Directly comparable in real-asset commodity investing with ~$2.3bn AUM.
• Pontifax AgTech: Dedicated agtech venture capital firm investing across food and agriculture technology. Direct peer to Ospraie Ag Science in thesis-driven agtech investing with similar sub-sector focus.
• Fall Line Capital: Private equity firm focused on sustainable agriculture and natural resources. Directly comparable to Ospraie Real Assets and Ospraie Ag Science in ag/commodity private equity investing.

Broad incumbents

• Brookfield Asset Management: Global alternative asset manager with significant real-asset and commodity exposure across agriculture, energy, and infrastructure. Overlaps with Ospraie Real Assets and Ospraie Ag Science but at vastly greater scale and broader scope.
• The Carlyle Group: Large alternative asset manager with established commodities, natural resources, and infrastructure franchises. Overlaps with Ospraie Real Assets in thematic capital deployment across agriculture and energy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ospraie-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ospraie Management