Goldman Sachs

Goldman Unwinds Hedge Fund Investments, Still $11.4 Billion to Go

Goldman Sachs Group Inc (NYSE:GS) continues to shed investments in hedge funds as mandated by the Volcker Rule.

According to a regulatory filing first reported in Bloomberg, the investment bank has withdrawn $2.55 billion from hedge funds since 2012.  The bank has exited $285 million in the third quarter and is requesting that an additional $375 million in less liquid . . .

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