Hedge Funds

Goldman club rockets Mindich to record start

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Talk of the sums of money likely to be raised when former Goldman Sachs risk arbitrage star, Eric Mindich, finally launches his Eton Place fund seem to get bigger by the day. The latest astonishing figure is that the group will raise between $3 billion to $4 billion, making it the biggest-ever hedge fund launch.

Much of the money for Mindich's planned global, multi-strategy firm is expected to come from those who know Mindich best: colleagues, partners, former partners and investors in Goldman Sachs, where Mindich spent his entire career and became, at the tender age of 27,