Risk.net

Ex-Deutsche Bank energy traders launch hedge fund

New fund will trade financial transmission rights in US power markets

lightbulb-strategy
    • Alexander Osipovich
  • LinkedIn  
  • Save this article
  • Print this page  

As Deutsche Bank retreats from commodities markets, three of its former top US power and gas traders have set up a new hedge fund specialising in financial transmission rights (FTRs), a type of instrument whose payout depends on price differentials between locations in nodal power markets.

Houston-based Tokamak Energy Partners was founded by Andrew Grams, the former head of power, natural gas and natural gas liquids trading at Deutsche Bank, Tom May, the firm's former head of North American

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Copyright Infopro Digital Limited. All rights reserved.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

Copyright Infopro Digital Limited. All rights reserved.

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

More on People

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here