Amaranth’s Hunter hits market with new fund


Brian Hunter, the energy trader whose wrong-way bets on natural gas led to the collapse of the $9.1 billion Amaranth Advisors in September 2006, has formed a new hedge fund firm, according to The Wall Street Journal.

Solengo Capital, based in Calgary, Alberta, and Greenwich, Conn., is looking to raise hundreds of millions of dollars, the Journal reports. “We’re building a platform that allows an investor to tailor his investment to a specific commodity or portfolio manager,” Shondell Sabad, Solengo's chief operating officer and chief financial officer, told the newspaper.

Amaranth, a Greenwich, Conn., multistrategy firm founded by Nick Maounis,