Lew Williams, former vice president of energy trading at American Electric Power, has started his own firm, Alpha Energy Partners.
The Columbus, Ohio-based shop is planning to launch an energy hedge fund next month that will focus on natural gas trading. The first member of Williams' team is Carey Metz, previously a senior trader at Citadel Investment Group, who will join the firm in November.
The fund is expected to launch with as much as $50 million in assets. It will dedicate up to 60% of its assets to the North American natural gas market. The remainder will be