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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.