Goldman's N.Y. Principal Strategies team is in talks to join rival firms

09/9/2010 | ABC News

Members of Goldman Sachs Group's New York Principal Strategies team are reportedly talking with a group of firms, including KKR, Perella Weinberg, BlackRock and Carlyle Group, to leave Goldman as the firm tries to comply with the "Volcker rule," which limits how much banks can invest with their own funds. The talks are private, with Goldman, Kohlberg Kravis Roberts, Perella Weinberg and BlackRock declining to comment.

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