Ex-Goldman Currency Trader Cho Is Said to Start Macro Fund
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Steven Cho, a former Goldman Sachs Group Inc. currency trader, plans to start a macro hedge fund, a strategy attracting investors seeking to profit from diverging global economic trends.
Cho’s New York-based Kings Peak Asset Management LP is scheduled to start in the fourth quarter, according to four people with knowledge of his plans, who asked not to be named because the fund is private. Cho, who was global head of spot and forward trading of G-10 currencies at Goldman Sachs, declined to comment. He left in April after 18 years at the bank.