Tuesday, 1 December 2015
Last updated 18 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 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…