Goldman Sachs investment banking co-head Lemkau to retire: memo

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Gregg Lemkau, the co-head of investment banking at Goldman Sachs Group Inc , is set to retire and will be replaced by company veteran Jim Esposito, according to an internal memo sent on Monday that was seen by Reuters.

FILE PHOTO: The Goldman Sachs logo is displayed on a post above the floor of the New York Stock Exchange, September 11, 2013. REUTERS/Lucas Jackson/File Photo, is set to retire and will be replaced by company veteran Jim Esposito, according to an internal memo sent on Monday that was seen by Reuters.

One of the most high-profile dealmakers on Wall Street, Lemkau had jointly led Goldman’s mergers and acquisition department for a number of years, before being tasked to serve as co-head of investment banking in 2017. Goldman’s investment banking division has benefited from a number of large mergers and several high-profile IPOs in the third quarter this year, as dealmaking roared back to life following a pandemic-induced slowdown earlier this year.

 

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