Ex-Goldman MDs' hedge fund returns 38% in first two months

Hedge Fund

A Japan-focused multistrategy hedge fund run by three former Goldman Sachs Managing Directors returned 38% in its first two months, according to two people with knowledge of the matter.

Bloomberg reports that the Golvis Asia Opportunities Fund, which started trading on January 6th with money from its founding partners and employees, began accepting capital from outside investors in February, they added, declining to be identified because the information is private. Ryan Collins, head of business development at Golvis Investment Pte, declined to comment.

The fund, run by a team of 12 employees led by Chief Investment Officer Koji Gotoda, outperformed the 6.7% retreat by the benchmark Nikkei 225 Stock Average between January 6th and February 28th. Japan-focused hedge funds lost an average 1.2% in the first two months, according to preliminary data from Eurekahedge Pte, amid a mixed global economic outlook and as the yen strengthened.

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Ex-Goldman Sachs Traders' Asia Hedge Fund Said to Return 38%

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