Moves: Goldman Sachs exec Chris Kojima to leave
03/10/2023 17:53
(Adds Kojima to join General Atlantic in paragraph 3)
By Saeed Azhar
NEW YORK, Oct 3 (Reuters) - Chris Kojima, a Goldman
Sachs GS.N executive in the asset and wealth management unit,
will leave the investment bank at year-end after almost 28
years, an internal memo seen by Reuters on Tuesday showed.
Kojima co-heads Goldman's client solutions group, which
handles sales and client service for pensions and institutions.
He will join private equity firm General Atlantic in early
2024, two sources familiar with the matter said. GA, which
invests in high-growth businesses, manages $77 billion in
assets, according to its website.
Kojima is among the latest high-profile executives to leave
Goldman's asset and wealth management division, which manages
$2.7 trillion in assets. Julian Salisbury, the former chief
investment officer of asset and wealth management, left earlier
this year to join investment firm Sixth Street.
Other prominent exits from the unit include Mike Koester,
who retired after serving as co-president of alternative
investments. Jo Natauri, the Wall Street bank's head of
healthcare investing, also is leaving at the end of the year.
Matt Gibson, appointed to co-lead the client business with
Kojima in late 2022, will assume full responsibility for the
unit. He reports to Marc Nachmann, head of the asset and wealth
management unit.
"Chris founded and led businesses that are incredibly
important to Goldman Sachs, and our business today is stronger
because of his leadership," Nachmann said in a statement.
Kojima's also has served as global head of Goldman's
alternative investments and manager selection group, now called
the external investment group. He led that business from its
inception in 2008 to 2019.
He first joined Goldman Sachs as an investment banking
associate in 1995, and was named managing director in 2002 and a
partner in 2008.
"I'm looking forward to a long relationship with Goldman
Sachs as an alumnus, client, and advocate," Kojima said in an
email to Reuters, signaling he may join a firm that works with
the investment bank.
(Reporting by Saeed Azhar; Editing by Louise Heavens, Lananh
Nguyen, Paul Simao and Richard Chang)
((Saeed.Azhar@thomsonreuters.com; +1 347 908-6341; Reuters
Messaging: saeed.azhar.reuters.com@reuters.net))