Former Weiss Multi-Strategy Advisors portfolio manager Matt Goldsmith and his European long/short equity team of analysts are setting up LL Capital Management and hope to begin trading with an estimated $150 million to $250 million in the first quarter of 2013, according to people familiar with the situation.
The team worked together at the $1.3 billion hedge fund affiliate of brokerage George Weiss Associates, but left the New York based firm this summer as their strategy did not match new...