Former Wisconsin Governor Joins Private Equity Firm

Feb 4 2010 | 11:18am 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.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...

 

From the current issue of