Ex-Goldman Exec To Start New PE Municipal Market Fund

Law360, New York (June 12, 2012, 5:51 PM EDT) -- Private equity firm Fundamental Advisors LP has snagged Goldman Sachs & Co.'s former municipal trading head to launch a fund that will aim to take advantage of credit holes in the current market, Fundamental Advisors announced Tuesday.

Hector Negroni, who was the managing director of municipal trading at Goldman, will serve as co-CEO and chief investment officer of the newly formed Fundamental Credit Opportunities, the firm said.

The fund aims to take advantage of opportunities left open by banks, hedge funds and other active investors leaving...
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