New York, NY (PRWEB) April 19, 2007
The Energy Hedge Fund Center, LLC (http://www.energyhedgfunds.com) is now tracking more than 560 energy and energy-related hedge funds in its Directory of Energy Hedge Funds. The vast majority of these energy focused hedge funds are based in North America but Europe is already home to 130 energy focused hedge funds and has been the focus for recent energy hedge fund formation. The directory is also now tracking more than 180 commodity funds that have exposure to energy and energy-related commodities.
"Recently, we have seen a renewed interest in the creation of fund of funds in the energy and natural resources sector," reports Dr. Gary M. Vasey, Co-Principal of the Energy Hedge Fund Center, LLC. "Perhaps as interestingly, there has also been a new wave of hedge fund formation focused on energy and other related commodities since the beginning of 2007. The issue however remains the lack of real energy industry expertise in the alternative investment sector. Investors should be warned that energy focused alternative investing is something of a 'fad' these days given the demand to invest in the energy industry and they should check investment managers energy credentials very carefully."
"We are also seeing substantial interest in the launch of larger green hedge funds and more significant growth of sustainability fund of funds this spring. We expect this trend to the accelerate as the US more toward carbon market mandates," said Peter Fusaro, Co-Principal of the Energy Hedge Fund Center LLC. "Energy and environmental hedge funds are still seen as an asset diversification play due to its noncorrelation."
The Energy Hedge Fund Center (EHFC) also publishes a subscription newsletter 'Energy Hedge' that tracks and announces new energy hedge funds, provides analysis of the Directory's content and includes energy hedge fund manager interviews. Both Energy Hedge and the Directory of Energy Hedge Funds can be purchased at the company's website -- http://www.energyhedgefunds.com.
Peter C. Fusaro and Dr. Gary M. Vasey, who jointly run EHFC, are also the authors of the book Energy & Environmental Hedge Funds -- The New Investment Paradigm (Wiley, 2006).
About the Energy Hedge Fund Center LLC
The Energy Hedge Fund Center LLC offers analysis and consulting services in energy and environment. It also provides the only online community tracking alternative investments in energy and environment at http://www.energyhedgefunds.com. It offers the directory of energy hedge funds as a subscription service and the popular online newsletter Energy Hedge. For more details contact EHFC at info @ energyhedgefunds.com.