Goldman Sachs names new various belongings boss

Goldman Sachs names new various belongings boss

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Goldman Sachs has appointed a brand new chief of its international various asset administration enterprise.

The funding banking behemoth reportedly stated in an organization memo that Marc Spilker has left its securities division to tackle the brand new position, in accordance with Reuters.

Learn extra: Goldman Sachs: Pension funds eye non-public credit score in 2024

Spilker has been at Goldman Sachs for greater than 16 years, having turn out to be a associate in 1996.

Goldman Sachs has been bullish about its growth plans within the alternate options house of late.

Learn extra: Goldman Sachs’ alts unit raises $7bn for actual property credit score methods

The alternate options division of its asset administration arm not too long ago introduced that it had raised $20bn (£15.8bn) for its senior direct lending technique, together with a $13.1bn shut for its newest direct lending fund.

Goldman Sachs’ various asset administration enterprise additionally contains hedge fund methods and personal fairness investments.

One in every of Spilker’s targets will probably be to develop new hedge fund methods whereas maintaining a tally of threat, the corporate memo stated.



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