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

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note