Wednesday, 17 December 2014
Last updated 5 hours ago
Jun 14 2010 | 1:13pm ET
Goldman Sachs’ former risk-management chief is launching a hedge fund.
Gregg Weinstein hopes to launch his RocWood Capital Management in the third quarter. The new fund will invest across the corporate capital structure, Bloomberg News reports.
Weinstein, a 17-year Goldman veteran who left the firm in December, has already hired seven employees and plans to add five more prior to launch.
RocWood does not have a target size, and it is unclear how much Weinstein will be able to raise. He is expected to begin marketing the new fund next month.
Weinstein was global head of risk management at Goldman Sachs Asset Management. During his time at Goldman, he also served as head of U.S. investment-grade credit trading and convertible bonds.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.