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

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note