🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Goldman Sachs exec Chris Kojima to leave

Published 10/03/2023, 10:14 AM
Updated 10/03/2023, 01:16 PM
© Reuters. FILE PHOTO: People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File Photo
GS
-

By Saeed Azhar

NEW YORK (Reuters) - Chris Kojima, a Goldman Sachs executive in the asset and wealth management unit, will leave the investment bank at year-end after almost 28 years, an internal memo seen by Reuters on Tuesday showed.

Kojima co-heads Goldman's client solutions group, which handles sales and client service for pensions and institutions.

He will join private equity firm General Atlantic in early 2024, two sources familiar with the matter said. GA, which invests in high-growth businesses, manages $77 billion in assets, according to its website.

Kojima is among the latest high-profile executives to leave Goldman's asset and wealth management division, which manages $2.7 trillion in assets. Julian Salisbury, the former chief investment officer of asset and wealth management, left earlier this year to join investment firm Sixth Street.

Other prominent exits from the unit include Mike Koester, who retired after serving as co-president of alternative investments. Jo Natauri, the Wall Street bank's head of healthcare investing, also is leaving at the end of the year.

Matt Gibson, appointed to co-lead the client business with Kojima in 2023, will assume full responsibility for the unit. He reports to Marc Nachmann, head of the asset and wealth management unit.

"Chris founded and led businesses that are incredibly important to Goldman Sachs, and our business today is stronger because of his leadership," Nachmann said in a statement.

Kojima's also has served as global head of Goldman's alternative investments and manager selection group, now called the external investment group. He led that business from its inception in 2008 to 2019.

He first joined Goldman Sachs as an investment banking associate in 1995, and was named managing director in 2002 and a partner in 2008.

© Reuters. FILE PHOTO: People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File Photo

"I'm looking forward to a long relationship with Goldman Sachs as an alumnus, client, and advocate," Kojima said in an email to Reuters, signaling he may join a firm that works with the investment bank.

(This story has been corrected to change the date of Matt's role to 2023, not late 2022, in paragraph 6)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.