============================================================================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------------------- FORM 8-K ----------------------------------- CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ----------------------------------- AUGUST 8, 2005 Date of Report (Date of Earliest Event Reported) ----------------------------------- GOLDMAN SACHS HEDGE FUND PARTNERS, LLC (Exact name of registrant as specified in its charter) DELAWARE 000-50723 04-3638229 (State or other (Commission File Number) (I.R.S. Employer jurisdiction of Identification incorporation or No.) organization) 701 MOUNT LUCAS ROAD 08540 PRINCETON, NEW JERSEY (Zip Code) (Address of principal executive offices) 609-497-5500 (Registrant's telephone number, including area code) NOT APPLICABLE (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ============================================================================== ITEM 7.01. REGULATION FD DISCLOSURE. The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended. For the period of June 1, 2005 through June 30, 2005, Goldman Sachs Hedge Fund Partners, LLC ("HFP" or the "Company"), Goldman Sachs Global Tactical Trading, LLC ("GTT"), Goldman Sachs Global Equity Long/Short, LLC ("GELS"), Goldman Sachs Global Relative Value, LLC ("GRV") and Goldman Sachs Global Event Driven, LLC ("GED" and collectively with GTT, GELS and GRV, the "Investment Funds") had net returns set forth in the tables below: JUNE 2005 NET COMPANY RETURN - ------------------------------------------------- HFP Class A Series 1(1) 1.16% JUNE 2005 NET INVESTMENT FUND RETURN - ------------------------------------------------- GTT(2) 0.85% GELS(2) 2.05% GRV(2) 1.04% GED(2) 1.36% (1) The Company's net return has been computed based on the performance of the Company net of all fees and expenses including, among others (i) incentive allocations to Goldman Sachs Hedge Fund Strategies LLC, the Company's "Managing Member" and (ii) a monthly management fee to the Managing Member. (2) These returns are based on the performance of Class C Series 1 units. The returns include administration fees and compensation paid to advisors. No management fee or incentive allocation was charged by the managing member of the Investment Funds with respect to the Company's investment in any of the Investment Funds. The Company undertakes no obligation to publicly update or revise the information contained herein, although it may do so from time to time as the Managing Member of the Company believes is warranted. PAST RESULTS OF THE COMPANY AND THE INVESTMENT FUNDS ARE NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE. NO ASSURANCE CAN BE MADE THAT PROFITS WILL BE ACHIEVED OR THAT SUBSTANTIAL LOSSES WILL NOT BE INCURRED. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized. Date: August 8, 2005 GOLDMAN SACHS HEDGE FUND PARTNERS, LLC (Registrant) By:Goldman Sachs Hedge Fund Strategies LLC Managing Member By: /s/ Tobin V. Levy ---------------------------- Tobin V. Levy Managing Director and Chief Financial Officer