UBS O’Connor to Take Keys to Gas Tycoon’s Bankrupt Aspen Ranch

A fund managed by UBS O’Connor LLC and other creditors of natural gas tycoon Charif Souki are poised to acquire his Colorado ranch for $30.5 million after he put the sprawling property into bankruptcy amid a fight with lenders over his personal debt.

Souki’s lenders, led by the UBS O’Connor managed fund, were the winning bidders for his Aspen Valley Ranch following a Chapter 11 auction, according to a Tuesday court filing.

Located in the Rocky Mountains near Aspen, the ranch is described in court papers as an 813-acre property with barns and luxury homes that has been on ...