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Timothy Babich
Goldman, Sachs & Co. has its own reputation for training successful hedge fund managers — even those who began as summer interns. Timothy Babich, 33, spent two summers in Goldman’s investment banking group while studying at Wharton.

Goldman, Sachs & Co. has its own reputation for training successful hedge fund managers even those who began as summer interns. Timothy Babich, 33, spent two summers in Goldmans investment banking group while studying at Wharton.
After graduating in 2000 with a joint MBA in finance and engineering, the New Jersey native joined private equity firm Beacon Group. A year later he moved to credit specialist hedge fund Silver Point Capital. Babich established and then ran its European business a useful background given Europes distressed environment today.
In 2007 he left Silver Point to form London-based Fortelus Capital Management. With $1 billion under management, its main fund was up 45 percent, net of fees, in 2009.
Return to index and article, Hedge Fund Rising Stars Shine Through the Gloom.