NST Unlimited Capital
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| Type | Private |
|---|---|
| Founded | 1986 |
| Headquarters | New York City, New York |
| Key people | Godfrey Fuga |
| Industry | Hedge fund |
NST Unlimited Capital is a New York-based hedge fund centered around investing in companies specializing in energy, utilities, fugacity, and power.
[edit] History
In 1986, the firm was founded by three young entrepeneurs who had a vision of a hedge fund with unlimited capital. They predicted a near unlimited demand for energy, and products and derivatives thereof, and saw that a hedge fund with unlimited capital could revolutionize and transform the market. They were completely accurate. Within a few short years NST grew from three inexperienced upstarts in the suburbs of New York into the world powerhouse and trusted name that it is now. With a fugacity division that has offices on five continents, they have quanitified risks in energy prices in ways that no other investment firm has ever imagined. Utilizing escaping tendencies and by calculating φ values for emerging markets, they have managed to correctly predict and profit off of developing economies and make massive profits to scale.
As to date their most profitable venture was with Octane Oil Corporation in Chile, where a rapidly growing economy and population in the port city of Valparaíso allowed for near 150% returns on capital invested. To remind employees of the unlimited potential that exists in the energy market, a picture of Valparaíso is in the front entryway of every NST office. Employees are frequently known to call incredibly profitable ventures "Valpars" and there is a special bonus awarded annually entitled the Valparaíso bonus.
[edit] Controversy
Due to its focus on unlimited capital, NST has not been without controversy. The Boston Globe has accused the hedge fund of investing in Latin American companies serving as launderers to smuggling outfits in Colombia, Bolivia, and Paraguay, investments that have proven quite lucrative for NST. NST has refused to comment on these allegations.
