ANNOUNCING FIRST DIRECTORY OF ENERGY HEDGE FUNDS

    /24-7PressRelease.com/ -- New York, NY and Houston, TX (For Immediate Release)-- Global Change Associates and Utilipoint International announce the completion of the first comprehensive study on energy hedge funds. Additionally, the two companies have prepared the first directory of hedge funds active in energy with over 200 listings. This electronic directory will be updated monthly as new funds continue to enter the market.

Energy hedge funds are relatively new entrants into energy trading markets and are replacing the liquidity lost when Enron and other energy merchants left the market over the past 3 years. The funds trade crude oil on both the NYMEX and IPE as well as the OTC energy derivatives markets. Similarly, they trade natural gas on both futures exchanges and the North American OTC markets. To round out their participation, they trade both gasoline and heating oil on NYMEX and gasoil on the IPE.

The Directory, “Hedge Funds in Energy” is available as a Utilipoint Infogrid available on the company’s website at http://www.utilipoint.com/rci/infogrids.asp for $995 for an annual subscription with 11 monthly updates.

About Global Change Associates, Inc.
Global Change Associates Inc, is based in New York (www.global-change.com), and is a leading consultancy in energy and environmental commodity risk management. GCA is at the forefront of revealing changes in energy trading and risk management, and has been the market leader in energy trading, energy e-commerce, and Enron competitive analysis studies. Company chairman, Peter Fusaro is the author of New York Times best seller What Went Wrong at Enron and has authored six books on energy and environmental trading and will release Energy Hedging in Asia this fall through MacMillan.
About UtiliPoint International, Inc.
Utilipoint International Inc. (www.utilipoint.com) with origins dating to 1933, is a leader in providing research-based consulting to the utility industry. UtiliPoint analysts have provided strategic business plans and studies on information technology, and its impact on utility operations. Direct experiences include work in trading/risk management, outsourcing, CIS, billing, CRM, metering, AMR, demand response, work/outage management, supply chain, ERP, call centers, rates/pricing products, and IT architectural design. The firm is also the publisher of IssueAlert™, an analysis of the utility and energy industry’s hot topics sent to over 34,000 utility and energy executives daily.

For further information on this brand new directory please contact Gary Vasey [email protected].

Global Change Associates is an energy and environmental risk management consulting firm based in New York. Our chairman, Peter C. Fusaro, is the best selling author of What Went Wrong at Enron. He is a leader on identifying emerging trends and issues in energy and financial markets. Our recent research has involve energy hedge funds and environmental finance market development for greenhouse gas reductions and renewable energy.

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