Hedge Fund Launch: $1 Billion Edoma Capital

New York (HedgeCo.net) – Pierre-Henri Flamand, a former co-head of a Goldman Sachs Group Inc. planning to raise more than $1 billion in the largest global hedge fund launch in 2010, the Wall Street Journal reports.

The London-based hedge fund, Edoma Capital, is launching next week and is funded primarily by large U.S. institutional investors via funds of funds, the paper reported today.

Flamand has set up a team including Oliver Haslam, from hedge fund firm, Stark Investments, Martina Slowey, the former head of European prime brokerage at UBS, who is to be Endoma’s chief operating officer, and Matt Turner, who runs operations and the treasury function at London hedge fund firm Oceanwood Capital Management, as well as a group of colleagues he brought along from Goldman Sachs.

Alex Akesson
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alex@hedgeco.net
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