|Pierre-Henri Flamand anticipates raising over $1 billion for his hedge fund Edoma Capital in one of the most anticipated launches of 2010. According to The Wall Street Journal, Mr. Flamand, former co-head of Goldman Sachs’ Principal Strategies unit, will launch his new venture this month. The firm’s primary investors are large institutional investors from the United States who have invested through hedge funds of funds.|
Also on the Edoma Capital team are Ali Hedayat and Emmanuel Niogret, two other former members of the Goldman Principal Strategies unit. Mr. Flamand has said he is looking to hire three more Goldman veterans by 2011.