John Arnold Closes Centaurus Hedge Fund as Gas Near Lows
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John Arnold, the hedge-fund manager who became a billionaire betting on natural gas prices, said he’s closing his Centaurus Energy Master Fund “to pursue other interests.”
“In the past 10 years, we have achieved more success than I could have hoped for or imagined,” Arnold said in a letter obtained yesterday by Bloomberg News. “We achieved outstanding returns for our investors -- often in the triple digits -- while having the discipline and rigor to stay true to our core investment focus.”