Thursday, 18 December 2014
Last updated 6 hours ago
May 28 2008 | 2:00am ET
UBS’ top commodities executive is leaving the firm to join a new hedge fund.
Hunter Shively, global co-head of commodities at UBS for the past seven months, is going to Sasco Energy Partners, founded by Todd Esse, Shivley’s one-time colleague at Enron Corp.
Westport, Conn.-based Sasco hopes to raise $750 million for an energy futures fund.
Shively will remain at UBS for two months before handing the reins to co-head Todd Morakis.
Prior to joining UBS, Shively helped build Enron’s natural gas trading program. In 2004, the year he joined UBS, he settled Commodity Futures Trading Commission charges of price manipulation.
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.