Hedge Funds

Goldman alum forms activist fund


Phil Cooper, a former partner at Goldman Sachs, is moving ahead with plans to build a hedge fund firm known as Lincoln Vale and based in Lincoln, Mass.

The nascent firm, which also has an office in London, is planning to launch two hedge funds: Lincoln Vale, an activist fund, and Lincoln Vale European Partners, a small- to midcap European equity fund.

When Cooper left Goldman in 2004, he was a managing director and head of the private equity group, which he founded in 1996. Following his retirement from Goldman, Cooper worked to launch a private equity co-investment