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.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note