Financial Times FT.com

Buffett adviser raises $2bn for fledgling firm

By Justin Baer, Julie MacIntosh and Henny Sender in New York

Published: June 22 2009 23:40 | Last updated: June 22 2009 23:40

Byron Trott, the former Goldman Sachs banker and frequent financial adviser to Warren Buffett, has raised more than $2bn in capital for his fledging investment firm.

The early fundraising successes come as many of the biggest private equity firms struggle to lure as much investment capital as planned, and highlight the cachet that has accompanied Mr Trott’s role as Mr Buffett’s favourite investment banker.

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