Flamand’s Edoma Partners to Close After Investment Losses

Edoma Partners LLP, the hedge fund started by former Goldman Sachs Group Inc. proprietary trader Pierre-Henri Flamand, plans to close after it lost money and assets shrank.

“This is very disappointing for everyone concerned,” Flamand, 42, said in an emailed statement yesterday. “Considering the unprecedented market conditions, we felt the most responsible course of action was to return money to investors and cease investment activity.”

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