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Commodities Briefing - Categorized | Energy, Fund Profile, Investment, Oil more

Hedge funds down, not out in tricky US natgas market

Posted on 17 December 2012

David Coolidge may still be the king of U.S. natural gas hedge fund managers but his $2 billion Velite Capital has made less than half of last year’s money while one of his biggest rivals is headed for a loss in an unusually tricky year for traders.
Andy Rowe, former trader at Citigroup’s Smith Barney, also has a much smaller profit to show for this year than in 2011 at SandRidge Capital, another gas-focused fund in Houston……………………………………..Full Article: Source


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