Wednesday, 7 October 2015
Last updated 16 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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…