(Bloomberg) Pierre-Henri Flamand, the former Goldman Sachs Group Inc. proprietary trader who shuttered his own hedge fund amid losses in 2012, is making money again. Flamand’s so-called catalyst-driven strategy for GLG Partners, betting on mergers and acquisitions, share buybacks and bankruptcies, returned about 8.8 percent in its first year ending Oct. 30.That compares with a 4.7 percent decline in the HFRX Event Driven Index during the period.
Flamand’s GLG Hedge Fund Said to Return 8.8% in First Year
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