Tag:
Raanan Agus
Latest Headlines
Latest Headlines
Reality catching up to Goldman Sachs
The Teflon is wearing thin, and the credit crisis is sticking it to Goldman Sachs hard. We noted this week that at least one analyst now predicts a fourth quarter loss, which would be the firm's first loss as a public company. The latest hit, of course, is the news that its much-hyped hedge fund,
Goldman Sachs' hedge fund a real dog in 2007
The one area where Goldman Sachs really stumbled in 2007 was in hedge funds. The gilded firm is not used to this kind of press: Goldman Sachs leads hedge fund stragglers. According to Financial News Online , its hedge funds lost 40 percent of their value in 2007. That comes after a six percent
How big will Goldman Sachs new hedge fund really be?
There have been conflicting reports as to how much money Goldman Sachs intends to raise for its splashy new hedge fund launch. Whether it's $6 billion or $10 billion or somewhere in between, it will be big, possibly the biggest ever. Most say the $6 billion launch of Convexity Capital last year b
Goldman Sachs raises new hedge fund
The one area where Goldman Sachs has taken its lumps along with everyone else is hedge funds. The woes of its flagship Global Alpha and the bailed out Global Equity Opportunities Fund have been well documented. It intends to rebuild its reputation with its new fund--the Opportunistic Multi-Discip
Goldman Sachs funds still struggling
Goldman Sachs made news not too long ago when news broke that it was allowing Raanan Agus, its head of proprietary equity trading, to set up an in-house hedge fund . It perhaps should have done this earlier. The fact is that Goldman Sachs is in sore need of another franchise fund. The news abou
Goldman Sachs hedge fund in trouble?
The problems of Goldman Sachs' Global Alpha fund have been fairly well documented . After a stunning 40 percent gain in 2005, it has never regained the magic touch. Last year, it lost 6 percent. Now Financial News Online says that it was down 8 percent in the last week of July. There is no
Goldman Sachs launches an in-house hedge fund
The New York Times likens Goldman Sachs proprietary traders to American Idol finalists. The list of "winners" who went on to fame include the likes of Daniel Och of Och-Ziff Capital and Eric Mindich of Eton Park Capital. But in an interesting bid to retain trading talent, the firm is appar
Hitting the jackpot at Goldman Sachs
Goldman Sachs depends on its proprietary traders to a huge degree. And if you can make a lot of money for the firm, you'll make yourself a lot as well. Raanan Agus, manager of a Goldman hedge fund, likely made up to $20 million this year, according to The New York Times . That's a great y
