Goldman’s Kraus Joins Merrill

May 6 2008 | 9:33am ET

Peter Kraus, who headed Goldman Sachs’ hedge fund efforts until he left the firm in March, has joined Merrill Lynch.

Kraus will oversee strategy and investments at Merrill, and will serve on the firm’s investment committee.

“Peter Kraus will be a tremendous resource to me and the senior management team in identifying the best opportunities for growth and investment around the world,” Merrill CEO—and Goldman veteran—John Thain said in a statement. Kraus will report directly to Thain.

At Goldman, Kraus was co-head of Goldman Sachs Asset Management and oversaw its flagship Global Alpha hedge fund. Many Goldman hedge fund products, including Global Alpha, suffered big losses last year.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of