Jain Global Buys Firm to Fast-Track Physical Natural Gas Trading Push

Hedge fund Jain Global has made its first major push into physical natural gas trading with the acquisition of Anahau Energy, a wholesale marketing firm, people familiar with the matter said.

The deal closed in June, according to one of the people, who asked not to be named because details of the transaction haven’t been publicly announced. It allows Bobby Jain’s hedge fund to grow its presence in commodities, which represents about 15% of the capital it invests, and enter the booming US physical gas market.