Departures in Goldman Sachs special sits unit

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Departures in Goldman Sachs special sits unit
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Goldman Sachs has shed two senior bankers from its private credit/special situations unit, which writes cheques for the spicier end of debt capital markets.

Goldman Sachs has lost two senior bankers from its private credit/special situations unit, which writes cheques for the spicier end of capital markets.

Gribble and Simon Rothery [who is now the CEO] turned the special situations unit into an undercover profit engine for Goldman Sachs Australia, taking positions in everything from property to loan books. It was rebadged as Goldman Sachs Asset Management about three years ago.Gribble joined the bank’s partner ranks in 2018.

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