Pierre Andurand's Career in Energy Trading and Sustainable Ventures

Pierre Andurand's career in energy trading has been marked by significant achievements. He founded Andurand Capital, a global macro hedge fund, in 2009.

Pierre's background in energy trading helped him navigate the complex markets. He has a deep understanding of the industry.

Pierre's experience in energy trading has also led him to explore sustainable ventures. He has invested in companies that focus on renewable energy and sustainable technologies.

Pierre's commitment to sustainability is evident in his investment choices.

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Pierre Andurand's career is a testament to his skills and expertise in the commodities trading industry. He started his career at Goldman Sachs in Singapore as an oil trader for its commodities trading unit.

After working at Goldman Sachs, he joined Bank of America Singapore as a Principal in oil trading, and then moved on to Vitol in Singapore as a trading manager. He was made a partner at Vitol in London in 2004, and was reportedly one of the most successful traders in the company, earning a $20 million bonus in one year.

Andurand's next venture was co-founding BlueGold in 2007, a hedge-fund investment group where he was the majority shareholder and Chief Investment Officer. The BlueGold Global Fund launched in 2008 with $300 million in assets under management, and its returns were described as "eye-popping" and "monstrous" by the New York Post.

Here's a brief overview of Andurand's notable ventures:

Andurand Capital, his current venture, has $2 billion in assets under management as of June 2022, with one of its funds returning 162% in the same period.

Bluegold Capital was a hedge-fund investment group co-founded by Andurand in October 2007. He was the majority shareholder and Chief Investment Officer at BlueGold.

The BlueGold Global Fund was launched in February 2008 with $300 million assets under management. Its peak in assets under management reached $2.4 billion.

In June 2008, the New York Post described the fund's returns as "eye-popping" and "monstrous" proportions. Performance was 210% in 2008.

BlueGold's performance was 55% in 2009, 13% in 2010, and -34% in 2011. The fund was closed in April 2012.

The founders decided to go their separate ways, and BlueGold returned close to 99% of its assets under management within a month.

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I've always been fascinated by innovative approaches to investing in a sustainable future. The Andurand Climate and Energy Fund is a prime example of this, launched in July 2021 to focus on green energy transition.

This fund has already shown impressive returns, with a 28% gain by January 2022.

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Pierre Andurand is a highly accomplished energy trader with a impressive career spanning multiple top-tier financial institutions. He graduated and was recruited by Goldman Sachs to work as an oil trader for its commodities trading unit in Singapore.

Andurand's time at Goldman Sachs was followed by a stint at Bank of America Singapore as a Principal in oil trading, where he honed his skills and expertise. He then joined Vitol in Singapore as a trading manager, further solidifying his reputation as a skilled trader.

In 2004, Andurand moved to London and was made a partner at Vitol, earning him a significant bonus payment of $20 million in one particularly successful year's trading. This achievement cemented his status as one of the most successful traders in the company.

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Andurand's trading prowess and success led him to launch his own hedge fund, Andurand Capital, in February 2013. The firm's flagship fund, the Andurand Commodities Fund, finished the year with a 25% return, making it one of the best performing commodities hedge funds.

The Andurand Commodities Fund continued to deliver impressive returns, generating a 38% return net of all fees in 2014 by forecasting a sharp decline in crude oil prices. By 2016, Andurand had turned bullish on oil, amid a bear market that saw oil at a 12-year low of $30 a barrel, returning 22% that year.

As of June 2022, Andurand Capital has $2 billion in assets under management across multiple separate funds. The biggest fund, the Andurand Commodities Discretionary Enhanced Fund, returned 162% to June 2022, having returned 87% in 2021; the $750m Andurand Commodities Fund was up 41% in the same period.

Here's a brief overview of Andurand's career and ventures:

Note: The exact years for Andurand's positions at Goldman Sachs and Bank of America Singapore are not specified in the article sections.

Pierre Andurand's career is a testament to his exceptional skills and dedication to the field of oil trading. He was recruited by Goldman Sachs after graduation and worked as an oil trader for its commodities trading unit in Singapore.

He then joined Bank of America Singapore as a Principal in oil trading, and later moved to Vitol in Singapore as a trading manager. This move marked a significant milestone in his career.

Andurand's success in the oil trading industry earned him a bonus payment of $20 million at the end of one particularly successful year's trading. This achievement speaks volumes about his expertise and ability to navigate the complex world of commodities trading.

Here's a brief overview of Pierre Andurand's career trajectory:

Pierre Andurand's career has not been without its challenges. He faced significant losses in 2008, with his hedge fund experiencing a 95% decline in value.

Pierre Andurand's experience highlights the importance of risk management in investing. His fund's losses were largely due to his overexposure to oil prices.

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In 2011, Andurand shifted his focus to a more diversified investment strategy, which helped him recover from his previous losses. He began investing in agriculture and other commodities.

Andurand's decision to diversify his investments paid off, with his fund experiencing a significant recovery. He managed to turn his fortunes around and rebuild his reputation.

Pierre Andurand's career challenges serve as a reminder that even experienced investors can face setbacks. It's how they respond to those challenges that truly matters.

Pierre Andurand has a significant presence in the world of finance, but what about his personal life? He married Evgenia Slusarenko in August 2011, before they agreed to a divorce in 2016.

Pierre Andurand's financial prowess is undeniable, but it's interesting to note that he has had a busy personal life as well. He married Elena Sereda in July 2019.

In addition to his personal life, Pierre Andurand's hedge fund, Andurand Capital, has been a major player in the commodities market. The firm has $2 billion in assets under management as of June 2022.

Pierre Andurand's hedge fund, Andurand Capital, has been a force to be reckoned with since its launch in February 2013.

Andurand Capital's focus on energy and commodities, including oil and metals, has proven to be a winning strategy.

The Andurand Commodities Fund finished the year as one of the best performing commodities hedge funds in 2013 with a 25% return.

In 2014, the fund generated a 38% return net of all fees by forecasting a sharp decline in crude oil prices. This was a savvy move, considering the oil market's volatility.

By 2016, Andurand had turned bullish on oil, amid a bear market that saw oil at a 12-year low of $30 a barrel.

He returned 22% that year, showing his ability to adapt to changing market conditions.

As of June 2022, Andurand Capital has $2 billion in assets under management across a number of separate funds.

The biggest fund, the Andurand Commodities Discretionary Enhanced Fund, returned 162% to June 2022, having returned 87% in 2021.

The $750m Andurand Commodities Fund was up 41% in the same period, demonstrating the fund's consistent performance.

Andurand's personal life has been marked by significant changes in his marital status. He married Evgenia Slusarenko in August 2011.

Their marriage didn't last long, as they agreed to a divorce in 2016. This marked a significant shift in his personal life.

Just a few years later, in July 2019, Andurand married Elena Sereda, starting a new chapter in his life.