As a result, the former Goldman Sachs traders will be part of about a dozen people to leave KKR, according to a person familiar with the matter and not authorized to discuss such details publicly.

This team will be an ideal fit for that objective as we've been impressed with their investment experience and performance as well as their ability to manage risk," KKR said in a statement.

The exodus of traders gives KKR an opportunity to expand its business areas further, moving into the potentially lucrative long/short hedge fund space. Goldman has said proprietary trading ...

What do the Analysts Think? Clearly, options traders are pricing in a big move for KKR shares, but what is the fundamental picture for the company? Currently, KKR is a Zacks Rank #3 (Hold) in the ...

KKR is in talks to hire nine members of Goldman Sachs’s famed proprietary trading desk to form a new hedge fund. Bob Howard would join as an MD and report to William Sonneborn, who heads KKR’s ...

KKR & Co LP said on Sunday it had decided to terminate a hedge fund that invested in stocks which the private equity firm had launched in 2011 after poaching a team of proprietary traders from ...