Former Goldman Sachs partner Edward Eisler draws up $1 billion hedge fundComments Off on Former Goldman Sachs partner Edward Eisler draws up $1 billion hedge fund
An ex-Goldman Sachs partner who lodged plans to build an art gallery beneath his £18 million house is on the verge of launching one of London’s biggest hedge funds this year.
Austrian-born Edward Eisler, who was at Goldman Sachs for 17 years, latterly as global co-head of securities, has founded Eisler Capital.
It will start trading in early 2016, documents show.
His fund, a so-called macro hedge fund which invests around the world, has reportedly raised $1 billion (£650 million) from investors and is on course to hire about dozen people to operate the fund.
The 45-year-old, also an executive trustee of the Tate Foundation, lodged plans last year to build an underground complex including an art gallery at his home in Holland Park.
The ex-Goldmanite had planned to launch a private equity-based firm with former colleagues last year called DMC Partners but abruptly cancelled the proposal due to market turmoil in Russia.
Eisler’s fund is one of a number of large launches in the pipeline over the next 12 months — including ventures by former Bevan Howard star trader Chris Rokos and ex-SAC Capital boss Steve Cohen — underscoring a pilgrimage by hedge fund managers back to the capital.