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Houston energy hedge fund raised $7.6M from certain investors

Houston Business Journal – RVI Partners LP, a Houston energy hedge fund that trades commodities, has raised $7.62 million from certain investors since it launched in March 2011, documents filed with the U.S. Securities and Exchange Commission show.

The hedge fund indicated in the filing that its base of investors who invested funds directly into the fund has increased from 15 at the time it launched to 27 as of Dec. 26. But overall, the hedge fund has $73 million in assets under management and managed fund accounts, which typically come from larger institutional investors, said Wayne Penello, an executive with the hedge fund.

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