Amaranth Advisors
| Company type | Private |
|---|---|
| Industry | Hedge funds |
| Founded | 2000 in Greenwich, CT, United States |
| Founder | Nicholas Maounis |
| Defunct | September 2007 |
| Fate | Bankrupted |
Number of locations | Houston, London, Singapore, Toronto, Greenwich (2006) |
Key people |
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| AUM | US$9.2 billion (at its peak Aug 2006) |
Amaranth Advisors LLC was an American multi-strategy hedge fund founded by Nicholas M. Maounis and headquartered in Greenwich, Connecticut. At its peak, the firm had $9.2 billion in assets under management before collapsing in September 2006, after losing in excess of $6 billion on natural gas futures. Amaranth Advisors collapse is one of the biggest hedge fund collapses in history and at the time (2006) largest known trading losses.