Morgan Sze, the global head of Goldman Sachs’ biggest proprietary trading desk and one of the bank’s most highly paid employees, has begun raising money for what is expected to be the largest hedge fund launch since the financial crisis began.
Mr Sze’s new hedge fund – eagerly anticipated by many in the industry – is to be called Azentus Capital and will based in Hong Kong.
Marketers for the flagship fund expect it to start trading with between $1bn and $1.5bn, people familiar with the launch told the Financial Times.
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