Goldman Hedge Fund Chief Adds Credit Unit To Remit

Feb 1 2013 | 11:57am ET

Two of Goldman Sachs' major internal hedge fund units will now share a leader.

Raanan Agus, who heads Goldman Sachs Investment Partners, will take over as chief investment officer of Liberty Harbor, the bank's $5 billion credit hedge fund unit. He takes over from Gregg Felton, the former Amaranth Advisors trader who has led Liberty Harbor since joining Goldman in 2006.

Goldman also told clients Monday that Brendan McGovern and Sal Lentini, Amaranth veterans who joined Goldman with Felton, would serve as co-heads of investment for Liberty Harbor. McGovern had been head of research at the group and Lentini head of credit trading.

Liberty Harbor has 20 employees.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...