And it will probably bid for Gartmore, a big fund manager owned by National Westminster Bank.
He added Greenwich Capital, a bond-trading outfit, and Gartmore, an asset-management firm, the following year.
Guy has shared responsibilities with his comanager Guillaume Rambourg for most of his tenure at Gartmore.
In November 1999 Gartmore decided to offer another hedge fund, christened AlphaGen Capella, to outside investors.
Julian Sinclair, a fund manager from Gartmore, said it was not just a problem for the electricity industry.
To find out where Guy thinks he can add value these days, FORBES GLOBAL stopped by Gartmore's London offices.
It had already announced plans to sell Gartmore, a fund manager, Ulster Bank, an all-Ireland bank, and Greenwich NatWest, a debt-markets business.
The bank was bought by Royal Bank of Scotland in a hostile bid earlier this month, and the Scots want to be shot of Gartmore.
For the past eight years, Guy has managed money in continental European stocks for Gartmore and has made a name for both his firm and himself.
The hedge fund's name, Capella, is that of a bright star, part of a constellation with several smaller stars nearby, and it describes the way Gartmore manages money.
Guy's Gartmore Capital Strategy Continental Europe fund charges total expenses of 1.59% annually, less than the 1.86% average for the 558 offshore European equity funds tracked by Fitzrovia International.
Gartmore itself has hedge funds for emerging markets (Key Global Emerging Markets) and Japanese stocks (AlphaGen Hokuto), and on Mar. 1, it launched a European small-cap hedge fund (AlphaGen Cepheus).
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