Goldman Europe Credit-Trading Head Exits for Hedge Fund Diameter

Dan Friedman, who helped run Goldman Sachs Group Inc.’s European credit-trading business, is leaving to join the $10 billion hedge fund firm Diameter Capital Partners.

Friedman will head Europe for the New York-based hedge fund, according to people with knowledge of the matter. Diameter, which focuses on credit markets, has been expanding into drawdown funds and structured-credit assets, and Friedman will help build out its European operations, the people said, asking not to be identified because the hire hasn’t been announced.

Representatives for Goldman Sachs and Diameter didn’t immediately respond to requests for comment.

Goldman Sachs hired ...