Quadrangle Adds Goldman Vet As COO

Jan 29 2008 | 12:21pm ET

Alternative investments firm Quadrangle Group has lured a Goldman Sachs partner to serve as its chief operating officer, it said today. Doug Kramer will head the New York-based firm’s non-investment operations and its strategic development.

Quadrangle was founded by journalist-turned-venture capitalist Steven Rattner, and focuses on media and communications investments. The firm, which manages $6 billion in assets, has groups focused on private equity, a hedge fund strategy and its new asset-allocation fund of funds unit, Quadrangle Asset Management. Kramer will in part focus on the development of QAM.

“This is a very exciting time at Quadrangle,” Rattner said. “In just the last year we have opened offices in London and Silicon Valley, and announced plans to open an office in Hong Kong, in addition to our major new initiative, QAM. We are confident that with the addition of Doug, we are well positioned to effectively manage our growth and to continue to add value to our investments.”

Kramer, who spent more than eight years at Goldman Sachs, most recently served as head of global manager strategies.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...