Goldman Sachs hires from rivals to expand in mid-market deals

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 46 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 63%

Goldman Sachs News

Eddie Rubin,Kerry Burke,Evercore

Goldman Sachs told Reuters it has hired two investment bankers, Kerry Burke and Eddie Rubin, from Evercore and Lazard, respectively, as part of a push to...

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange in New York CityNEW YORK - Goldman Sachs told Reuters it has hired two investment bankers, Kerry Burke and Eddie Rubin, from Evercore and Lazard, respectively, as part of a push to double down on its business that focuses on advising on deals worth up to $2 billion.

"Our people who are doing middle-market deals are excited about the entrepreneurial aspect of the business - they deal with family-owned businesses, founder-run businesses, sponsor portfolio companies and companies that are growing rapidly. This is all highly attractive business for GS," said Friedland, who is a partner at Goldman.

Over the past few years, top boutique investment banks including Evercore, Centerview Partners and PJT Partners, embarked on aggressive hiring sprees for top dealmakers as they sought to capture a bigger share of advice on mega deals that generate huge paydays for advisers.

The 2011 Rookie of the Year returns for the magazine's 60th Anniversary issue alongside fellow cover stars Chrissy Teigen, Gayle King and Hunter McGradyIt costs you less to trade US stocks at Interactive Brokers than at other brokers. Your capital is at risk.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

3 reasons why Goldman Sachs is the 'pure investment bank' playThe banking sector is in a unique time and place as investors navigate economic conditions, such as higher for longer interest rates held by the Federal...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »