Ann: Becoming a substantial holder, page-2

Goldman Sachs owns nearly 20% of LMR Partners.
Goldman Sachs employs more Algorithmic programmers than traders, by a substantial number now.
LMR are a global Hedge Fund and professional Quant (algorithmic) traders.

(Quote from Reuters)
LONDON (Reuters) - A private equity fund run by Goldman Sachs Asset Management (GSAM) has bought a minority stake in multi-strategy hedge fund firm LMR Partners, one source familiar with the matter said on Monday.

The GSAM fund bought a stake of between 10 percent and 20 percent in LMR for an undisclosed sum, the source said.

A spokesman for LMR Partners, which has offices in London, Hong Kong and New York, declined to comment. A spokesman for Goldman Sachs also declined to comment.

LMR Partners, which uses both computer-driven and discretionary trading styles, has $5 billion in assets under management, its website said.
(End Quote)

For all the mum and dad Netcommers out there, you should feel proud to have taken on Goldman Sachs folks, it's no mean feat, even if you lose. It's important to have fought the good fight, the honest fight, with the best of motives. Well done.

Gw