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Home | Goldman Sachs sells hedge fund admin unit

Goldman Sachs sells hedge fund admin unit

  • July 18, 2012
  • Goldman Sachs is selling its hedge fund administration unit to State Street Corporation, which provides financial services to institutional investors. Goldman Sachs Administration Services (GSAS) will change hands for around $550 million with the transaction expected to be finalised early this autumn. GSAS employees, including client-facing staff and the management team, are expected to join [...]

  • Read more at:http://www.bankingtimes.co.uk/2012/07/18/goldman-sachs-sell-hedge-fund-admin-unit/
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