News Formal

Goldman Sachs partner Sumit Rajpal announces his retirement - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Goldman Sachs' Sumit Rajpal is retiring, dealing a blow to CEO David Solomon's plan to build a Blackstone-like alternatives investment platform

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

Sumit Rajpal, one of three co-heads of a merged alternative investing unit created by Solomon last year, has announced his resignation, according to people with knowledge of the talks. That will be made more difficult with Rajpal's departure. The exit of a fund leader in the middle of a fundraising is usually a faux pas in the world of institutional money, where pensions, endowments and sovereign wealth funds don't like to see turnover when they consider giving money to a manager. Their expectation is the individuals responsible for the returns will continue making investment decisions after clients have given their money.

Through the fall and into the end of the year, the jockeying for power continued. At Goldman's investor day last month, Salisbury was the only one of the three to appear onstage in front of investors. At one point, a Goldman employee suggested that Rajpal and Wolfe now reported to Salisbury.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Goldman Sachs Bloomberg data partnership shows Wall Street opening up - Business InsiderWe talked to the execs behind Bloomberg's new data partnership with Goldman Sachs. Here's why they think it's a sign of Wall Street's future.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Ken Griffin modeled Citadel after old-school Goldman - Business InsiderBillionaire Citadel founder Ken Griffin explains why he modeled his firm after Goldman Sachs' analyst program — and says future leaders can't expect a 9-to-5 lifestyle and a 'great weekend'
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Amazon Prime Air partner lays off nearly 3,000 workers - Business InsiderTexas-based Pinnacle Logistics plans to lay off thousands of workers in Rockford, Illinois and Baltimore, Maryland.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Newsticker - News & Tipps von Business Insider DeutschlandTrending: Big Tech companies are getting older but they can still learn new tricks Is that fortnite. RIP old fornite map. Fortnite really streching for advertising
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »