Friday, 26 August 2016
Last updated 14 hours ago
Feb 13 2008 | 7:56am ET
Hedge fund Strategic Value Partners has lured a top Merrill Lynch distressed debt trader. Graham Goldsmith is joining the Greenwich, Conn.-based shop run by his former colleague, Victor Khosla, Bloomberg News reports.
Khosla, who established a distressed debt trading desk as a managing director at Merrill, founder Strategic Value in 2001. The firm manages about $5 billion.
Merrill reportedly sought to hold on to Goldsmith, who served as head of corporate principal investments. Goldsmith had been with the Wall Street giant since 1994.