New Goldman Hedge Fund Down 6% In January

Feb 5 2008 | 1:00am ET

Goldman Sachs’ effort to diversify its hedge fund offerings is off to a rocky start.

Its new hedge fund, Goldman Sachs Opportunity Partners, finds itself in the same position its quantitative peers found themselves last year: in the red. GSIP, Goldman’s first stock-picking offering, fell 6% last month, the Wall Street blog DealBreaker.com reports.

The new fund launched in January with $7 billion, making it one of the largest-ever hedge fund debuts. It is headed by two of the firm’s former senior proprietary traders.

RELATED STORIES:

Goldman's Stock-Picking Hedge Fund Raises $7 Billion
Goldman Prepping $10B Hedge Fund Launch


In Depth

Firm Focus: Sustainable Insight Capital Bullish On ESG

Aug 12 2014 | 9:18am ET

Bruce Kahn spent over 15 years as a research scientist/consultant on environmental...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note