Bloomberg – Two Goldman Sachs Group Inc. traders are preparing to start their own hedge fund after new financial regulations restricted banks from risking capital on speculative bets, said a person with direct knowledge of the matter.
Ariel Roskis and Daniele Benatoff, who work for New York- based Goldman Sachs’s principal strategies desk in London, plan to start the fund in the second quarter, said the person, who declined to be identified before the plans are announced. The pair have secured a $300 million investment from Brummer & Partners, the largest Scandinavian hedge fund, the person said.
