Hedge Funds

Ex-Goldman Sachs debt duo set to open second product


With a barrage of hedge fund start-ups coming from the trenches of Goldman Sachs, it is no surprise to find that the partners behind Anchorage Capital are getting ready to debut their second fund at the end of the year.

The firm, founded by ex-Goldman Sachs debt specialists Kevin Ulrich and Tony Davis, are prepping a new fund that will trade bank loans and credit default swaps. The fund is expected to raise around $200 million in assets.

The new fund will be run by Mike Aglialoro, a bank loan specialist who joined the New York-based firm in May