Pierre Andurand is a hedge fund manager specialising in energy trading. He is the Founder and CIO of Andurand Capital Management.
Andurand Capital manages discretionary fundamental hedge funds that specialise in energy financial instruments. The firm’s investment strategy aims to deliver highly asymmetric and convex returns through careful analysis of short, medium and long-term supply and demand balances.
The firm’s assets under management amount to around $2 billion across three funds. Pierre managed to capture most of the large structural moves in the oil market, and many of the large moves in natural gas, power, metals and carbon markets. His average net returns are over 35% annualised since 2008. Investors who have followed Pierre from his previous fund BlueGold, launched in 2008, and then invested in Andurand Capital Fund at its launch in February 2013, before switching to the Andurand Commodities Discretionary Enhanced Fund at its launch in June 2019, would have made 5,350% net of all fees as of 1st July 2022.
A leader in energy fund management and an outspoken advocate...Pierre Andurand is a hedge fund manager specialising in energy trading. He is the Founder and CIO of Andurand Capital Management.
Andurand Capital manages discretionary fundamental hedge funds that specialise in energy financial instruments. The firm’s investment strategy aims to deliver highly asymmetric and convex returns through careful analysis of short, medium and long-term supply and demand balances.
The firm’s assets under management amount to around $2 billion across three funds. Pierre managed to capture most of the large structural moves in the oil market, and many of the large moves in natural gas, power, metals and carbon markets. His average net returns are over 35% annualised since 2008. Investors who have followed Pierre from his previous fund BlueGold, launched in 2008, and then invested in Andurand Capital Fund at its launch in February 2013, before switching to the Andurand Commodities Discretionary Enhanced Fund at its launch in June 2019, would have made 5,350% net of all fees as of 1st July 2022.
A leader in energy fund management and an outspoken advocate for climate action, Pierre launched a climate-focused fund in 2021 underpinned by his acknowledgement of the need for society to move towards a net-zero carbon future.
He started his career in 2000, trading energy for Goldman Sachs in Singapore, and then joined Bank of America, before joining Vitol as a partner in 2004, and subsequently founding his first hedge fund management company BlueGold.
He is a polymath and life-long learner, with five master’s degrees from prestigious universities in a broad range of areas. He is also a former athlete, having been a member of the French Junior Swimming Team in his youth, and a martial arts enthusiast, being the founder and majority shareholder in GLORY, the world’s leading kickboxing league.READ MOREVIEW LESS
Vitol is a market leader in the energy sector – from oil to renewables and carbon – and one of the biggest independent energy companies in the world. Its global operations are backed by market-leading analytics.
Bank of America is one of the world's major financial organisations, offering a comprehensive range of banking, investment and asset management services and other financial and risk management products to individuals, small and middle-market enterprises and large corporations. Pierre served as Vice President then Principal of Oil Trading in Singapore.
Goldman Sachs is a multinational finance firm providing global investment banking, investment management, securities and other financial services. Pierre's focus as an Energy Trader was on middle distillate oil derivatives.
Fédération Française de Natation represents all Olympic swimming disciplines (racing, synchronised, water polo, diving, and open water).
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Pierre Andurand’s Gallery
Other Business Interests
Glory Kickboxing
Co-Founder and Chairman
Dec 2011
-
Present
London, UK
GLORY, founded in 2012, is the global leader in stand-up fighting and home to the world's most skilled fighters. GLORY organises world-class combat events that reach millions of fans worldwide via a diverse range of channels.
In this episode of Odd Lots, a Bloomberg podcast, oil trader Pierre Andurand talks about how he entered the cocoa market, and how he formulated his investment thesis.
Pierre was quick to realise that the COVID-19 outbreak in China at the end of 2019 could potentially upend oil markets – leading to big gains for the funds he manages.
The long-term goal of Andurand Capital Management has been to establish an energy asset manager that covers a variety of asset classes, including alternative, renewable, and fossil fuel-based energy. Pierre is profiled for his aggressive stance toward trading derivatives.
The Co-Founder and Chief Investment Officer of Andurand Capital Management shares his opinion on the current soaring prices of petroleum with Le Figaro newspaper.
Pierre tells Bloomberg's Jonathan Ferro that the world can afford to lose the amount of crude oil subtracted from the market due to current sanctions on Russian exports.
Pierre explains his investment philosophy, position sizing and risk management criteria, how he modifies his strategy in an ever-changing world, and how he is positioning his fund for a future that looks very different from the past.
In this opinion piece for the Financial Times, Pierre shares his thoughts on how the West could potentially reduce Moscow's revenue while lessening the impact on the flow of oil.
In this article, Pierre warns of the dangers in rising carbon emissions and the steps needed to limit them. He also discusses the global energy crisis and ever-increasing energy costs globally.
DeepLearning.AI was established in 2017 to meet the demand for world-class AI education. Pierre has completed numerous courses, including Build Basic Generative Adversarial Neural Networks; Deep Learning Specialization, Neural Networks and Deep Learning; and Sequence Models.
Quantum Algorithms for Cybersecurity, Chemistry, and Optimization
Dec 2020
Boston, MA, USA
MIT xPRO offers professional online courses that set the benchmark for knowledge and abilities, resulting in efficient employee communication and uniformity.
Pierre has completed and received certification in the following courses: Quantum Mechanics: Wavefunctions, Operators and Expectation Values; Quantum Physics in 1D Potentials; Quantum Mechanics: 1D Scattering and Central Potentials; Introduction to Quantum Computing.
Founded in 1583, The University of Edinburgh provides students with world-class education, helping unlock the potential of some of the world's leading minds.
Denial101x: Making Sense of Climate Science Denial
Oct 2020
Brisbane, AU
The University of Queensland is one of Australia's top research and teaching institutions dedicated to delivering knowledge leadership for a better world.
The Certificate in Quantitative Finance is granted by the CQF Institute, which also offers a forum for the global development of the quantitative finance community. The Institute arranges key industry events and provides its members with exclusive access to instructional content.
Columbia University is one of the world's most prominent research institutions. It provides a unique and outstanding learning environment for undergraduate and graduate students in a wide range of scientific and professional subjects.
Probability and Statistics in Data Science using Python
Aug 2019
San Diego, CA, USA
The University of California, San Diego, is one of the world's major public research universities. A mission of collaboration fosters discoveries that benefit society and the economy.
The University of Cambridge, established in 1209, is one of the world's oldest universities. It is respected the world over for its extraordinary academic achievements.
Johns Hopkins University is the US' oldest research university. Pierre has completed several higher learning certificate courses related to data science and advanced technology, including Statistical Inference; Exploratory Data Analysis; and R Programming.
Coursera Inc., launched in 2012, collaborates with universities and other organisations to provide online courses, certificates, and degrees in a wide range of areas.
Courses in the HMX Fundamentals series cover fundamental subjects – like biochemistry, genetics, immunology, pharmacology and physiology – that are crucial for a range of vocations in the medical field.
