Once a $7 billion fund, the quantitative equity vehicle had declined to around $200 million under management since its performance fell 30% during the massive quant meltdown of 2007. After starting 2008 on the rebound, it fell another 10% in 2009.
Goldman shut down a related fund, Goldman Sachs North American Equity Opportunities Fund, in late 2007, but it supported GEO, as Global Equity Opportunities was known, in August...