Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

News Archive

Read More Industry News >

Goldman Sachs Launching New Hedge Fund

Dec 25, 2013
Jing Chen

Goldman Sachs has raised $1 billion for a new hedge fund.

According to a September marketing documents obtained by the Wall Street Journal, Goldman will contribute up to 20% in a new fund that makes loans backed by real estate such as office buildings, hotels and shopping centers.

The new fund dances around the Volcker rule, which limits on the types of investment banks have with hedge funds and private equity funds. The Volcker rule, which issued its final rules earlier this month, excludes real estate loans from its restrictions.

Goldman expects to eventually double the fund’s assets to $2 billion.

 

Read More Industry News >


Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now


Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More