Launches & Closures

Goldman seeds long/short equity fund from ex-Elm Ridge team


West Road Capital Management slated for June launch.

A team of former Elm Ridge Capital Management executives have formed long/short equity shop West Road Capital Management, and nabbed at least $50 million in seed capital from Goldman Sachs Asset Management.

Co-founders Lee Anderson and Sandy Brasher will oversee the North American equities strategy, which will be based out of Stamford, Conn. and is set to launch this summer, according to an investor document distributed by the prime brokerage division of Goldman Sachs.

West Road will launch with at least a $50 million from a seed deal from Goldman Sachs Asset Management, according to a person close to