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

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note