Highbridge JV Plans Energy Hedge Fund For Next Year

Dec 4 2007 | 12:43pm 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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Looking for a way to keep warm during the cold weather or rather alleviate your cold while under the weather?