Benros Capital has become the latest hedge fund run by ex-Goldman Sachs traders to shut-up shop in recent months following the decision by Pierre-Henri Flamand to close Edoma Partners last November.
Benros Capital, an event-driven hedge fund set up by two Goldman Sachs proprietary traders and backed by Brummer & Partners, Sweden's largest hedge fund manager, is closing down after Brummer decided to redeem its $300m investment, Financial News can reveal.