Former Star Manager of Goldman’s Global Alpha Fund to Launch New Hedge Fund

November 10th, 2009
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Former Goldman Sachs star hedge fund manager Mark Carhart has announced that he is planning to raise $1 billion for a computer-driven quant new hedge fund. According to Reuters, Carhart left Goldman Sachs last year when the hedge fund that he co-managed, the Global Alpha Fund, struggled to perform.

The new fund, which Mr. Carhart says will target pension funds and other institutional investors as clients, is expected to launch in 2010. Carhart has a non-compete clause with Goldman that expires in April of 2010.
For Detailed Investor Profiles on these Investors, click below:
Kepos Capital
Related People: Mark Carhart
Related Entities: Dimensional Fund Advisors*; Mercer Global Advisors*
Related Article Tags: Investment Management, Fund Manager and General Financial News; Hedge Fund Jobs, Hirings and Firings; Hedge Fund Launches and Hedge Fund Closings

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