Wednesday, 7 October 2015
Last updated 8 hours ago
Sep 9 2010 | 2:51pm ET
Several private equity powerhouses are among the asset management firms vying for the services of Goldman Sachs’ proprietary traders.
KKR & Co., the Carlyle Group and Perella Weinberg Partners are among the firms in talks with members of Goldman Sachs Principal Strategies’ U.S. team. Goldman has decided to shutter its proprietary trading desk to come into compliance with new U.S. banking regulations.
The Goldman traders are also in talks with BlackRock and Pacific Investment Management Co., Dow Jones reports. The discussions are thought to involve U.S. prop. trading chief Robert Howard, who would bring some members of GSPS with him were he to join one of the firms.
Goldman’s Asia prop. trading head, Morgan Sze, is weighing the launch of his own hedge fund that would also likely include members of GSPS’s Asia team.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…