Goldman alums set up credit-focused alternative investment firm

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSNEW YORK - Former Goldman Sachs veterans Mike Koester and Tom Connolly have opened 5C Investment Partners, an alternative investment firm focused on private credit, they said on Thursday.

Connolly spent 25 years at Goldman and served as the head of private credit in its merchant-banking division. Koester, who retired from the Wall Street giant this year, was a partner and co-president of alternative investments in its asset management unit. The two executives led and developed leaders for important businesses at Goldman Sachs, Alison Mass, Goldman's chair of investment banking, said in a statement."Our people go on to leadership roles across all industries," said Mass, who said the two executives would become important clients for the bank.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed's Beige Book, earnings, Goldman Sachs conference: What to WatchYahoo Finance Live's Seana Smith looks ahead to what investors should pay attention to on Wednesday, September 6, including the economic conditions reported in the Federal Reserve's Beige Book, earnings from GameStop (GME) and C3.ai (AI), and Yahoo Finance's extensive coverage from Goldman Sachs' Communacopia & Technology Conference.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »