Goldman Sachs Teams Up With HazelTree To Attract Hedge Fund Cash

(Bloomberg) Goldman Sachs Group Inc. has created a partnership to provide cash management services for money managers who may no longer be able to keep their cash at large banks.Goldman Sachs Asset Management said in a press release Wednesday that it is teaming up with HazelTree, a New York-based firm, to offer the service to hedge funds, fund administrators, managed account providers and family offices.

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