"Goldfinger" Raises $2.5 Billion

HONG KONG (Reuters) - "Goldfinger" is back in the market and has a new focus -- Asia. Mount Kellett Capital, a private equity firm run by former Goldman Sachs (GS.N) partner Mark McGoldrick, has completed raising about $2.5 billion for its first fund with a focus on Asia, especially China, two people with knowledge of the details told Reuters. McGoldrick earned his nickname while at Goldman Sachs where, as co-head of its lucrative global special situations group, media reported he was paid $40-$70 million in 2006. The Asia-focused firm, which McGoldrick and former Goldman colleagues launched early last year, initially set a target to raise about $5 billion, but pared this back as markets fell sharply late last year, said the sources, who declined to be identified as they were not authorized to speak to the media.

24 June 2009•2 mins read
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