Solengo Capital Takes on Internets

Yesterday, DealBreaker and Naked Shorts posted the marketing brochure for Solengo Capital, the new hedge fund started by Brian Hunter, who happens to have the same name as the energy trader who ruined Amaranth. Turns out, it’s the same guy.
One would think that a marketing brochure’s purpose is to market the company. One is, apparently, wrong. Solengo asked both blogs to take down the brochure. I guess they don’t want the word to get out. Anyway, Naked Shorts complied, but DB is holding its ground.
Reuters reports:

“We think it is valuable information to our readers and they haven’t given us persuasive arguments for taking it down,” said Beth Levin, associated editor of the site, which focuses on Wall Street matters.

(Note to Reuters: That’s Bess Levin.)
I can’t believe that Solengo really thinks it can come out this looking good. I find it ironic that energy traders are wasting their energy on this.

Posted by on March 29th, 2007 at 12:27 pm

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