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Top Oil Hedge Funds Suffer Big Losses After July Price Plunge: Sources | Kitco News

by kitco.com posted 9months ago 56 views
NEW YORK (Reuters) - Two of the world’s largest energy-focused hedge funds, Andurand Capital and BBL Commodities, suffered double-digit percentage losses in July as oil prices plunged by the most in two years, sources familiar with the matter told Reuters on Friday. BBL Commodities Value Fund, run by former Goldman Sachs oil trader Jonathan Goldberg, lost 14.2 percent in July, a person close to the firm said, speaking on condition of anonymity since the information is not public.

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