Goldman Sachs Trader Raj Sethi Said to Quit, May Join Hedge Fund

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Raj Sethi, a managing director in Goldman Sachs Group Inc.’s commodity-derivatives trading group, quit after 14 years and may join a hedge fund, according to a person with knowledge of the matter.

Sethi, 35, who once ran the bank’s U.S. power-trading business, left earlier this week, said the person who asked not to be identified because the information is private. Ben Jacobs, a vice president in the commodities group, also quit last week, the person said.