Founded in 2004 as Aisling Analytics, RCMA Capital LLP, is the investment manager of The Merchant Commodity Fund. The firm applies a fundamental approach to investing in commodity markets based on a detailed understanding of supply and demand dynamics and an extensive knowledge of the real world frictions, time lags and systematic limitations in producing, transporting and processing commodities. RCMA Capital LLP benefits from its position as the majority shareholder of the RCMA Group, a rapidly-growing commodities trading and supply chain management company employing over 240 staff through a network of 16 offices across Asia, Europe, Africa and the Americas.