Energy Hedge Fund Copia Splits From FrontPoint

Jul 7 2010 | 1:14pm ET

Energy and utilities hedge fund Copia Capital has completed its spin-off from FrontPoint Partners, the Chicago-based firm said today.

The newly-independent Copia boasts some $520 million in assets under management. Despite its split from the Morgan Stanley-owned hedge fund, FrontPoint will remain a strategic investment with Copia, and Copia will continue to manage money on FrontPoint’s behalf. Copia debuted in early 2002, and six months later began serving as an investment adviser to FrontPoint.

According to Copia, the move broadens equity ownership among the firm’s partners.

"Now is an opportune time for Copia to launch as an institutional-quality investment advisor,” said Tim Flannery, managing partner and founder. “We believe the rapidly changing energy regulatory environment, structural and technological developments and sector inefficiencies will create unprecedented investment opportunities from which Copia’s investors can profit.”


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note