Energy Hedge Fund Elustria Ends Short Run

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.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...