Gregg Lemkau, co-head of investment banking at Goldman Sachs, will leave the investment bank by year's end to take a new role as chief executive of Michael Dell-backed MSD Partners.Goldman Sachs veteran Gregg Lemkau, co-head of the firm's investment banking division since 2017 and a member of Goldman's management committee, is departing at the end of 2020.
Goldman Sachs announced the news about Lemkau's departure in two internal memos sent to Goldman's worldwide workforce by CEO David Solomon on Monday. Lemkau — whose sister Kristen is a top Wall Street executive in her own right, running JPMorgan Chase's wealth division — has been at Goldman Sachs since 1992, when he started as an analyst in mergers and acquisitions, a group he eventually ran before becoming co-head of investment banking. He was named an MD at Goldman in 2001 and partner in 2002.
Esposito, while the once chief operating officer of the division, has a lot of experience in raising debt and equity for clients, while Dees, who has run the division alongside Lemkau since 2018, came up through the technology business.
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