Thursday, 25 December 2014
Last updated 20 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.