The NYT reports that two traders on Goldman Sachs’s proprietary trading desk are poised to set up their own fund in London, financed by a major European backer. Daniele Benatoff and Ariel Roskis, part of the principal strategies desk at Goldman Sachs (GS), have struck a deal with Brummer & Partners of Sweden. Brummer is one of the largest hedge funds in Europe, with $10 billion in assets under management, and will take an ownership stake in the new fund in return for $300 million.
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