Goldman's Trott to leave firm

Goldman Sachs Group banker Byron Trott is leaving the investment bank, according to a person familiar with the matter, and will start his own merchant-banking firm.

Mr. Trott gained renown as a close adviser to Warren Buffett, having assisted Mr. Buffett in a series of merger and acquisitions transactions.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire