NEW YORK — Goldman Sachs Group Inc. may start its newest stock hedge fund with as much as $10 billion in what would be the biggest debut in the industry’s history, two people with knowledge of the fund said.
Goldman Sachs Investment Partners, set to open Jan. 1, is being run by traders who previously worked on the New York-based company’s proprietary equity desk. They are led by Raanan Agus, 40, who had been head of the bank’s principal-strategies group since 2003, and Kenneth Eberts, 41, who had been in charge of U.S. investments since 2003.
The equity-trading group has spawned at least six multibillion-dollar hedge funds, including those managed by Richard Perry, Daniel Och and Eric Mindich. They all left Goldman to start their own firms. This time, the traders are staying at Goldman, moving to its asset-management group.
