Report: Amaranth’s Hunter Not Behind Natural Gas Moves

Jun 23 2010 | 12:24pm ET

Four years ago, Brian Hunter shook up the natural gas markets. Now, those markets are moving in ways not seen since he lost more than $6 billion for Amaranth Advisors, but, despite rumors to the contrary, it seems that Hunter is not behind the current volatility.

Hunter has nothing to do with the shifts in natural gas trading, the Globe and Mail reports, citing sources close to the trader, who lives in Calgary, Alberta. Hunter himself could not be reached for comment.

According to the rumors, Hunter was still working for Boston private equity firm PeakRidge Capital Group. PeakRidge told FINalternatives in February that Hunter had left the firm after only a few months in early 2008.

Amaranth collapsed in 2006 due to losses suffered on Hunter’s bad natural gas trades.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note