Goldman’s Heyadat Quits

Apr 8 2010 | 4:08am ET

One of the heads of Goldman Sachs’ largest internal hedge fund has left the Wall Street giant, less than a month after the fund’s top man retired to found his own hedge fund.

Ali Heyadat, co-head of Goldman Sachs Principal Strategies, was based in New York. His departure was first reported by Bloomberg News.

It is unclear what Heyadat’s plans are, including whether he will join Pierre-Henri Flamand’s new venture. That hedge fund is said to be backed by Goldman, where Flamand remains assisting with the transition at GSIP.

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