Gregg Weinstein, a former global head of risk management for Goldman Sachs Asset Management, is establishing RocWood Capital Management, an event-driven hedge fund.
The firm will begin marketing in July with the aim of beginning to invest in the third quarter, according to a person familiar with the discussions, who declined to be identified because RocWood’s plans aren’t public. The fund doesn’t have a target size, the person said.
It will invest across the corporate capital structure, seeking mispriced investments following a particular catalyst, the person said. Brandy Bergman, a spokeswoman for the RocWood, declined to comment.
RocWood has seven employees and plans a staff of 12 by the fund’s launch, the person said.
Mr. Weinstein left Goldman in December.
