Statar Capital’s Returns Suffer In Commodity Market Turmoil

Miami-based Statar Capital struggled in September as natural gas prices soared. The fund, which specializes in trading natural gas, ended September with a loss of 0.59%, according to a copy of its latest investor update, which ValueWalk has been able to review. Run by Ron Ozer, a former trader at Citadel and DE Shaw, the $1.7 billion fund recovered from heavy losses in the first few weeks of the month as volatile commodity prices rocked the markets. According to the Financial Times, which cites people with knowledge of the fund’s returns, Statar booked a substantial gain during the first few…