Dallas, Texas-based Pyxis Capital, L.P. has launched the Pyxis Natural Resources Fund to invest all of its assets in the Ascendant Natural Resources Master Fund, which is managed by Ascendant Advisors, LLC.

The Pyxis Natural Resources Fund, through the Master Fund, bets on equities of natural resources companies and is benchmarked to the S&P North American Natural Resource Sector Index. The fund will also invest in sectors such as timber and agribusiness, which are not included in the traditional natural resource indices.

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