Goldman Sachs Floats Ucits Platform

Goldman Sachs has rolled out a new third-party managers-dedicated Ucits platform.

Goldman Sachs has rolled out a new third-party managers-dedicated Ucits platform, HFMWeek reports. The platform will be structured as a Luxembourg Sicav umbrella.

The new platform is launching with two sub-funds managed by GLC and is in talks with other hedge fund managers for its launch in the third quarter of 2011. Currently, Goldman has a $3 billion Ucits platform for internally managed funds.

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