Translated Into Peloton's Place ; On Property

Summary


PELOTON PARTNERS gets clipped and another hedge fund grows into the 6000 sq ft of space leased by Ron Beller and Geoffrey Grant, two former masters of the Goldman Sachs universe whose London funds collapsed in a subprime heap last month.

The rent of about [pounds]270,000 a year for space in a silver- and-glass block in Broadwick Street, Soho, is now being paid by a hedge fund called GLC. Managing director Lawrence Staden boasted last year of having "sailed serenely through the carnage".

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Translated Into Peloton's Place ; On Property

Well, he obvi...

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