Highbridge JV Plans Energy Hedge Fund For Next Year

Dec 4 2007 | 1:43pm ET

A Highbridge Capital Management joint-venture is prepping a commodities hedge fund for launch next year, and has lured a high-profile energy trader to help lead it.

Louis Dreyfus Highbridge Energy—which was formed when JPMorgan’s $30 billion Highbridge took a $1 billion stake in Paris-based Louis Dreyfus ES Holdings in January—has named Saracen Energy Partners’ Bill Reed head of trading, Bloomberg News reports. He starts in January.

According to Bloomberg, UBS is considering an investment in the nascent fund.

Louis Dreyfus Highbridge, a merchant energy firm, has offices in Wilton, Conn., New York, Houston, Calgary, Alberta, Geneva, Shanghai, China, and Singapore.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of