Wednesday, 30 July 2014
Last updated 6 min ago
Oct 30 2013 | 2:00pm ET
Elustria Capital Partners will close its doors just two years after launching.
The energy hedge fund told investors yesterday that it would liquidate "with deep regret." Co-founders Andrew Waranch and Eric Kimmel wrote that, "over the past two years, the power space has faced numerous challenges."
The liquidation was first reported by Absolute Return magazine.
The New York-based firm's fund debuted in September 2011. Waranch and Kimmel founded it after stints at Elliott Associates and Kottke Associates, respectively.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…