Hedge Funds

BlueGold reopens with aim of hitting $2bn, gains 13% in Jan


BlueGold Capital, the high-flying energy and commodity trading specialist led by experienced former Vitol men Pierre Andurand and Denis Crema, is reopening its star-performing BlueGold Global fund with the aim of taking assets up to $2 billion this year.

Pierre Andurand

Launched in February last year, the firm produced a stunning performance in its first year of operation - winning a New Fund of the Year prize at the EuroHedge Awards in January and gaining almost 250% in its first 12 months.

BlueGold has started this year in similar fashion, gaining 13% in January and up strongly