Big Goldman launch down by 15%

Fri Nov 7, 2008

Goldman Sachs has always had a flair for doing things big. Unfortunately for investors in the firm’s Goldman Sachs Investment Partners fund, that includes racking up big losses.

After only nine months of operation, the fund – a global long/short equity investment strategy that launched with $7 billion on January 1 – had already lost nearly $1...

ISSN: 2151-1845 / CDC10004H

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