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Story perspectives

From Collapse to Comeback: Maounis's Hedge Fund Journey

3/2/2025

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Story summary
  • Nicholas Maounis previously led Amaranth Advisors, which suffered a significant energy-trading collapse in 2006.
  • This disaster led to losses exceeding $6 billion for investors.
  • Nearly 20 years later, he now manages a rapidly growing hedge fund.
  • Maounis's journey underscores the inherent volatility associated with hedge fund investments.