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

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