Thomson Financial- Two of the City of London’s top hedge fund managers have sold a multi-million pound stake in their hedge fund to Goldman Sachs Inc., according to the Daily Telegraph.
Goldman Sachs’ Petershill fund has bought 54,113 shares in Trafalgar Asset Managers, the newspaper said, citing documents filed at Companies House.
Australian trader Lee Robinson, a Cambridge maths graduate who used to work at Tudor Capital, and former Deutsche Bank executive Theo Phanos founded Trafalgar seven years ago and own most of the shares in the hedge fund, which according to its website has $2.8 billion under management, the Telegraph said.
