Goldman Fund Buys 20% Stake In Hedge Fund Capula

Feb 11 2008 | 9:43am ET

Goldman Sachs’ Petershill private equity fund has taken its second stake in a London hedge fund manager.

The US$500 million p.e. fund has bought a 19.99% stake in Capula Investment Management, a US$3 billion fixed-income hedge fund manager. The fund paid as much as US$100 million for the non-voting stake, the Financial Times reports.

Capula was founded three years ago by UFJ International veterans Yan Huo and Masao Asai. It returned more than 18% last year.

Goldman set up Petershill, run from London by Jonathan Sorrell, to take stakes in hedge fund management firms. In October, it took a 10% stake in Winton Capital Management.

RELATED STORIES

Goldman Sachs Fund Buys Stake In Winton Capital


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR