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Goldman Sachs Hedge Fund Launch

Goldman Sachs Hedge Fund Launch


Goldman Sachs is launching a massive hedge fund that will have between $6 and $10 billion invested from day 1. The fund will begin operations on January 1st ran by Raanan Agus and Kenneth Eberts, a couple star traders that Goldman did not want to lose to an outside hedge fund.

While some of the initial seed capital will come from Goldman Sachs other parts will come from financial institutions on wall street, banks, trusts & family offices. If they could succeed at raising more than $7 billion it would beat the current seed capital raising record held by Makena Capital which is ran by Michael McCafferty.

- Richard

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http://richard-wilson.blogspot.com/2007/12/goldman-sachs-hedge-fund-launch.html

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