Sunday, 21 December 2014
Last updated 1 hour ago
Feb 4 2010 | 10:18am ET
Former Wisconsin Gov. Tommy Thompson has joined an alternative investments firm that once boasted the infamous Brian Hunter—the natural gas trader who sank Amaranth Advisors—on its staff.
Thompson, a Republican who also served as secretary of health and human services under former President George W. Bush, has joined Boston-based Peak Ridge Capital Group as an adviser to its AgTech private equity fund. AgTech is managed from Peak Ridge’s Madison, Wisc., office, investing in companies specializing in improving agricultural efficiency. The fund also invests in clean technology companies.
“I’m very excited to be working with such a well-regarded firm as Peak Ridge, which has a global reach, and especially happy to be working on a fund that is based in the Midwest and focused on the fields of agriculture and technology,” Thompson said.
Hunter, whose disastrous natural gas trades cost Amaranth more than $6 billion in 2006, leading to the fund’s demise, worked at Peak Ridge, advising the firm on its commodities fund. Peak Ridge told FINalternatives that Hunter left the firm in early 2008.
Thompson is reportedly mulling a challenge to Sen. Russell Feingold (D-Wisc.) this year.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.