Ex-Gartmore Manager Mulls $1B HF

Former Gartmore fund manager Guillaume Rambourg is set to launch his own hedge fund venture in Paris.

Former Gartmore fund manager Guillaume Rambourg is set to launch his own hedge fund venture in Paris, Financial Times reports. The fund Verrazzano Capital is expected to raise as much as $1 billion, making it the biggest hedge fund launches in years.

Rambourg will be joined by four other partners. They are Karim Moussalem, head of Goldman Sachs’ Delta One trading division, Murielle Maman, founder of Lyxor Asset Management, Tim Williams, a senior investment officer at UBS’ hedge fund division, and former Gartmore senior analyst Tomás Pintó.

Click here for the story from Financial Times.