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PMs exit as Goldman Sachs merges US equity teams

PMs exit as Goldman Sachs merges US equity teams

Seven people, including three portfolio managers, will leave Goldman Sachs’ asset management arm following the merger of its fundamental value and growth equity teams.

The move, which was first report by Citywire Selector’s sister site Citywire USA, consolidates its US equity efforts in one unit called fundamental equity US.

The change, which came into effect on January 11, will see John Arege, Tim Leahy and Lawrence Tankel leave the firm as part of the merger.

All three are primarily known for running US-domiciled funds but Arege is also named on the Luxembourg-domiciled Goldman Sachs US Equity Pf Base fund alongside Eric Low.

For more information on the story and the specific US-domiciled funds affected by the change please visit Citywire USA here.

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Lawrence Tankel
Lawrence Tankel
40/118 in Equity - Technology (Performance over 3 years) Average Total Return: 77.65%
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