Goldman Sachs executive Julian Salisbury will join investment firm Sixth Street as a partner and co-chief investment officer early next year, his incoming firm said, marking yet another high-profile exit from Goldman.
of asset manager TCW Group. Goldman is in a crucial phase as it aims to expand in asset management and undo damage from an ill-fated foray into consumer banking.
Salisbury has "done a great job putting together all these asset management businesses over the last few years," Nachmann said in an interview. "It’s been great to work with him and I’m excited for him." In a memo announcing Salisbury's departure, Goldman CEO David Solomon credited him with unifying five different investment platforms and joining together its traditional and alternative asset management operations.
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