Two Goldman Sachs proprietary traders have left the bank to launch a new hedge fund, backed by Sweden’s Brummer & Partners, Financial Times reports. Daniele Benatoff and Ariel Roskis, senior members of the bank’s Principal Strategies desk in London, will roll out the fund in the second quarter of 2011. Brummer & Partners, which has invested $300 million in the vehicle, will also take a partnership stake. The fund will follow an event-driven investment style, focusing on trading around European corporate announcements. Roskis will be CIO and Benatoff will serve as head of research.
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