Performance

Energy levels soaring

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Energy prices have continued to hit record levels, and hedge funds have carried on reaping the benefits even as questions are raised about their role in the increasing prices. The Cambridge Energy Fund, with $515 million in assets, had a huge month, posting a 9.70% gain in February, bringing its year-to-date total up to 14.30%. The $133 million Lucas Energy Total Return Partners fund also had a banner month, notching an estimated 6.55% gain, bringing its year-to-date total up an estimated to 8.17%. The San Francisco-based Marathon Resource Partners gained 14.00% in February, bringing its year-to-date total up