US natural gas hedge fund shuts down
Roaring Fork says poor liquidity foiled its trading strategies
Roaring Fork Advisors, a natural gas hedge fund based in Aspen, Colorado, is closing its doors after less than two years in business.
The fund's founder, Sandeep Sachdeva, sent a letter to investors on December 29 expressing "disappointment" with its performance.
"It is with a heavy heart and deep regrets that I am writing to inform you that we will be winding up the Roaring Fork funds and closing Roaring Fork Advisors," Sachdeva wrote in the letter, a copy of which was obtained by Risk.net.
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