Edoma Essentially Flat In First Quarter

Apr 15 2011 | 1:56pm ET

Edoma Partners' first full quarter in business was quite a forgettable one.

Literally: The hedge fund, which debuted late last year, did essentially nothing from January through March, rising just 0.2%, Bloomberg News reports. The average hedge fund is up about 1.5% on the year.

Edoma, founded by former Goldman Sachs proprietary trading chief Pierre-Henri Flamand, is one of the largest hedge fund launches since the start of the financial crisis. The fund raised $2 billion from investors before closing to new investors almost immediately.

London-based Edoma is one of at least four new hedge funds launched in recent months by Goldman prop. trading veterans.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel's Griffin Reaches Settlement in Contentious Divorce

Oct 8 2015 | 10:14pm ET

Billionaire hedge fund manager Ken Griffin and his wife have settled a long-running...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note