Hedge Funds

Ospraie adds Pequot energy team to platform


New York-based Ospraie Management has added a three-member energy team from Pequot Capital to its multimanager platform, Ospraie Wingspan.

Energy Income Partners, managed by James Murchie and Eva Pao, seeks absolute returns by focusing on sub-sectors of the energy industry related to pipelines, storage and other infrastructure and fee-based service providers, such as master limited partnerships and income trusts. Murchie and Pao have run this strategy for over three years along with Linda Longville, also formerly of Pequot.

Ospraie Wingspan, which manages approximately $900 million in assets, allocates to independent fund managers that follow a fundamental investment approach in