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Veteran employee of Goldman Sachs transitions to Sixth Street firm

Goldman Sachs sees another executive, Julian Salisbury, aged 25 years with long tenure, departing the company following its recent restructuring in asset management.

Veteran Goldman Sachs employee transitions to Sixth Street
Veteran Goldman Sachs employee transitions to Sixth Street

Veteran employee of Goldman Sachs transitions to Sixth Street firm

Julian Salisbury, a prominent figure at Goldman Sachs for over a decade, has announced his departure from the institution. Salisbury, who led European operations from 2008 to 2013 and global operations from 2013 to 2019, will be joining Sixth Street Partners in 2024.

Salisbury, who was the CIO of asset and wealth management at Goldman Sachs, overseeing more than $2.7 trillion in assets, has been described as a sharp investor and a natural leader of other investors by former Goldman CEO Lloyd Blankfein.

In a recent LinkedIn blog post, Salisbury expressed his excitement about his new venture, stating that he is taking a "first meaningful break from work in 28 years." However, his post did not contain any negative comments about Goldman Sachs. Instead, he expressed confidence in the bank's leadership and its future success.

Salisbury is not alone in his departure from Goldman Sachs. Another senior employee, John Waldron, also departed from the institution, and Six executive departures have occurred at the bank, according to the Wall Street Journal. Tak Murata, co-head of Asia Pacific private investing, is also leaving Goldman Sachs.

Salisbury will be joining Sixth Street Partners, a firm with a portfolio of roughly $65 billion in assets. He will be working alongside Alan Waxman and Joshua Easterly as co-CIO at Sixth Street. Waxman and Easterly are both Goldman alums, as are some of the other co-founders of Sixth Street Partners.

Marc Nachmann, head of Asset and Wealth Management at Goldman Sachs, commented on the recent departures, stating that they were not surprising given the recent restructuring of the business. Salisbury, on the other hand, is looking forward to what he and Sixth Street Partners will accomplish together.

Salisbury's departure from Goldman Sachs is one of several recent executive departures at the bank, as reported by the Wall Street Journal. However, his LinkedIn blog did not mention any purchase licensing rights or any negative sentiments towards his former institution. Instead, it signifies a new chapter in his career, as he embarks on a new adventure with Sixth Street Partners.

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