Goldman Derivatives Traders Ready Hedge Fund

Jul 21 2010 | 12:29pm ET

A pair of former Goldman Sachs traders has reunited to found a Europe-focused hedge fund.

Thomas de Garidel-Thoron and Herve Gallo have set up Occitan Capital Partners in London. The firm will launch its maiden hedge fund in November, HFMWeek reports.

EuropeThe Occitan Fund will employ liquid directional and arbitrage strategies, investing in stocks and equity derivatives. The latter is familiar territory for Garidel-Thoron and Gallo, who worked together as senior equity derivatives traders at Goldman. They left the firm in 2007.

Garidel-Thoron went on to work at Boussard & Gavaudan Gestion, heading U.K. and financials volatility and stock strategies.

It is unclear what Occitan’s target fundraising figure is for the eponymous fund’s launch. But the firm has lined up two anchor investors for its flagship, according to HFMWeek.


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