Statar Capital
| Industry | Finance |
|---|---|
| Founded | September 2018 |
| Founder | Ron Ozer |
| Headquarters | Miami , United States |
| Products | Investment management |
| AUM | $3.5 billion (2023) |
| Website | www |
Statar Capital is a Miami-based American macro investment management firm founded in 2018 by Ron Ozer. The firm focuses on directional and relative-value trades, with an emphasis on natural gas commodities.
History
[edit]Statar Capital was formed in September 2018 by American investor and asset manager Ron Ozer, a former Citadel portfolio manager who had specialized in natural gas commodities. The firm launched with approximately $140 million in capital raised, primarily from family offices and institutional clients.[1] Between September 2018 and December 2019, the firm gained 42% in value and grew to over $410 million in assets under management as one of the few remaining natural gas-focused hedge funds in the United States.[2]
By the end of 2020, Statar reportedly managed over $1.2 billion in assets.[3] The following year, the firm was able to leverage natural gas market volatility to profit over $400 million, increasing its value to over $2 billion.[4]
In May 2022, Bloomberg reported the value of Statar’s managed assets as having risen to $2.8 billion, reflecting 332% net returns since its launch.[5] As of July 2023, the firm reported an AUM of nearly $3.5 billion.[6]
References
[edit]- ^ "Ex-Citadel natural gas investor opens new hedge fund". Reuters. 1 October 2018.
- ^ "Natural gas hedge fund Statar Capital up 30% this year: source". Reuters. 16 December 2019.
- ^ "This Ex-Citadel and D.E. Shaw Pro's Fund Is Growing Like Crazy". Institutional Investor. 7 December 2020.
- ^ "US hedge fund makes $400m from natural gas price volatility". OGV Energy. 11 August 2022.
- ^ "Statar Capital Bets on Power as Natural Gas Drives 18% Return". Bloomberg. 4 May 2022.
- ^ "Statar Capital LLC - Natural Gas Strategy". Autumn Gold. 30 July 2023.