Tuesday, 25 November 2014
Last updated 4 hours ago
May 14 2010 | 1:51am ET
One of this year’s most hotly-anticipated new hedge funds certainly won’t lack for talent when it debuts in the fall.
Edoma Capital, the new firm founded by former Goldman Sachs hedge fund manager Pierre-Henri Flamand, has already nabbed a trio of big names in advance of its launch. Flamand has hired a pair of fellow Goldman alumni, Ali Hedayat and Emmanuel Niogret, as well as former UBS European prime brokerage chief Martina Slowey, Financial News reports.
Both Hedayat and Niogret worked for Flamand at Goldman Sachs Principal Strategies, the firm’s largest internal hedge fund. Hedayat was co-head of the Americas at the unit, while Niogret worked in London.
Slowey will serve as chief operating officer of the new firm, which will employ about 20 people when it debuts. “It will be a heart of Goldmanites but a raft of very strong hires from elsewhere,” Flamand told FN.
The new fund—which has the backing of Goldman—will by a global event-driven vehicle. It is expected to raise as much as $1 billion within its first several months, which would make it one of the largest launches of the year.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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