Freepoint Commodities, KKR funding group team up to challenge Wall St

Trading firm Freepoint Commodities and a financing group including KKR & Co are joining forces to challenge Wall Street's long dominance of funding the raw materials industry. Freepoint and recently formed merchant banking group MCS Capital Markets LLC announced on Thursday a "strategic alliance" combining the financial might of KKR, private-equity-group Stone Point and the Canadian pension fund with the trading savvy of the Stamford, Connecticut-based commodities merchant.

http://ift.tt/1yqeaMI