Goldman ##hill Petershill private equity firm which invests in hedge fund firms has purchased a 9.99 % stake in sage , a firm that uses computer - drive automated trading strategies . Petershill owns share in sage ’s management and performance fees . sage , which stands for Financial Opportunities in Research and Trading , has $ 1.5bn AUM . It is a systematic investment adviser led by two prominent asset managers and Ph.D. Economists who formerly ran the investment division at the World bank .
Goldman Sachs Petershill private equity fund which invests in hedge fund firms has purchased a 9.99% stake in Fort, a firm that uses computer-drive automated trading strategies. Petershill will share in Fort’s management and performance fees. Fort, which stands for Financial Opportunities in Research and Trading, has $1.5bn AUM. It is a systematic investment adviser led by two prominent asset managers and Ph.D. Economists who formerly ran the investment division at the World Bank.