Goldman Sachs pulls money out of GSIP hedge fund

Denver Post – Goldman Sachs Group Inc. is pulling cash from one of its largest internal hedge funds to comply with rules limiting how banks invest their own money, according to people familiar with the matter.

The New York investment bank has been pulling money out of Goldman Sachs Investment Partners, a multistrategy fund that still stands as one of the hedge-fund industry’s biggest launches.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply