Och-Ziff Vet Bertoli Readies Event-Driven Fund With Goldman Seed

Jul 16 2012 | 1:09pm ET

A former top Och-Ziff Capital Management event-driven trader is set to launch a hedge fund of his own, with a little help from another former employer.

Massimo Bertoli and former Marble Bar Asset Management business chief Stephen Sales will launch an event-driven fund in the fourth quarter, Financial News reports. And they'll do it with seed capital from Goldman Sachs, where he worked before joining Och-Ziff a decade ago.

The seed funding, the amount of which is unclear, will come from Goldman Sachs Asset Management's seeding fund.

Bertoli left Och-Ziff last year. He was head of European special situations at the US$29.3 billion hedge fund.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of