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Pierre-Henri Flamand Leaving Goldman Sachs to Start Hedge Fund to be Discussed at GoldenNetworking.com's Hedge Funds Leaders Forum 2010


The head of Goldman Sachs Group Inc.'s Largest Internal Hedge Fund Leaving the Wall Street Giant to Start his Own Hedge Fund to be Discussed at GoldenNetworking.com's Hedge Funds Leaders Forum 2010, March 18th, New York City

New York, NY, March 16, 2010 --(PR.com)-- GoldenNetworking.com's Hedge Funds Leaders Forum 2010, "Generating Alpha in Challenging Times" (http://www.HedgeFundsLeadersForum.com), March 18th, DLA Piper, New York City, will discuss Mr. Flamand's departure from Goldman Sachs at panel "If Goldman Sachs Mints Money like a Hedge Fund, Then it Probably is One at Hedge Funds Leaders Forum."

The Wall Street Journal reported, "Pierre-Henri Flamand, a 39-year old who has run Goldman Sachs Principal Strategies for roughly three years, will remain at Goldman for the next few months to transition the role to a manager currently on the hedge fund team, a spokeswoman confirmed. It is unknown if Mr. Flamand, a 15-year veteran of the firm, will launch his hedge fund in London or elsewhere. The hedge fund performed well last year, according to Goldman's 10-K regulatory filing, stating 'results in principal strategies were positive compared with losses in 2008.' The year 2009 was an 'environment characterized by a significant increase in global equity prices, favorable market opportunities and a significant decline in volatility levels,' the filing stated."

Hedge Funds Leaders Forum 2010 is produced by GoldenNetworking.com (http://www.goldennetworking.com), the premier community of business executives, entrepreneurs and investors, founded by former McKinsey consultant Edgar Perez.

Panelists, speakers and sponsors are invited to contact GoldenNetworking.com by sending an email to info@goldennetworking.com. GoldenNetworking.com has been frequently featured in the press, including recent articles in The New York Times, "GoldenNetworking.com Helps Job Seekers Make Overseas Connections" (http://www.nytimes.com/2009/11/07/nyregion/07network.html) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).

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GoldenNetworking.com
Edgar Perez
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