Hedge Funds

Goldman revives blue-chip cap intro event – at Chelsea Piers


Goldman Sachs has brought back its cap-intro event for top-tier hedge funds, though attendees accustomed to playing an 18-hole Raymond Floyd-redesigned championship golf course in Miami at Goldman’s traditionally posh events may have to settle for full-swing golf simulators on a pier off the Hudson River.

The venue – Chelsea Piers, a 30-acre sports village on Manhattan’s Hudson River waterfront – reflects the sober mood on Wall Street after the financial crisis forced many large financial institutions to accept capital from the government, including Goldman Sachs, which took $10 billion.

Still, the event is getting good traction, as