Goldman’s Agus Starts In-House Hedge Fund

Oct 16 2007 | 9:48am ET

Goldman Sachs has moved its most successful proprietary trader to its asset management unit, where he will run a new hedge fund.

Goldman Sachs Asset Management has begun to raise money for Raanan Agus’ new fund, which will employ a similar strategy to that he used at the Wall Street giant’s multi-strategy principal strategies group.

About half of Agus’ 75-member team is to move to GSAM, with the rest, including top traders Pierre-Henri Flamand in London and Morgan Sze in Hong Kong, will remain with principal strategies.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...