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Goldman Sachs names senior dealmakers in reshuffle, memo says

Published 07/18/2024, 01:33 PM
Updated 07/18/2024, 01:46 PM
© Reuters. FILE PHOTO: The Goldman Sachs company logo is on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021.  REUTERS/Brendan McDermid/File Photo
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LONDON (Reuters) - Goldman Sachs has made a handful of senior leadership appointments within its investment banking team, according to an internal memo seen by Reuters.

The company named former JPMorgan banker Carsten Woehrn as joint co-head of M&A in Europe, the Middle East and Africa (EMEA) to "grow and develop our European franchise," the memo said.

Woehrn led JPMorgan's Infrastructure M&A franchise in Europe and has focused on transactions in healthcare, energy and transportation.

Goldman Sachs has also appointed Nimesh Khiroya as co-head of M&A in EMEA. Khiroya, previously head of activism and shareholder advisory in EMEA and Nordic M&A, will continue his role as co-head of UK Investment Banking.

The memo also confirmed Haidee Lee is returning to Goldman Sachs as global co-head of Sponsor M&A, having left the bank for JPMorgan in 2021. Lee served as co-head of strategic investor group mergers & acquisitions at JPMorgan.

Lee will work alongside David Kamo, global co-head of Sponsor M&A, and will be based in New York.

© Reuters. FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo

The leadership changes were announced as M&A activity is starting to pick up. M&A volumes hit $1.6 trillion globally in the first half of the year, up 20% from a year earlier, Reuters previously reported.

Equity capital market volumes climbed 10% during the same period. Wall Street banks reported a healthier pipeline for deals and a jump in investment banking activity in quarterly earnings last week.

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