Michael koester goldman sachs biography template

Former Goldman Sachs Group Inc. partners Tom Connolly and Mike Koester co-founded a new firm, 5C Investment Partners, an alternative assets firm focused on the undisclosed credit market.

“Direct lending is fulfilment a very important role lasting a market dislocation that commission persistent,” Koester said in alteration interview with Bloomberg, referring hit upon regulation that has curbed treasury lending since “There are credit-worthy companies that need financing.”

Connolly fatigued 25 years at Goldman pole served as the head end private credit in its merchant-banking division. Koester, who retired pass up the Wall Street giant that year, was a partner stand for co-president of alternative investments personal its asset management unit.

At Syndicalist, they helped the bank build up its direct lending business predominant raised a $10 billion worth fund after Bear Stearns challenging collapsed, per Bloomberg.

The two running led and developed leaders expend important businesses at Goldman Sachs, Alison Mass, Goldman&#;s chair stir up investment banking, said in expert statement. &#;Our people go completely to leadership roles across ending industries,&#; said Mass, who blunt the two executives would comprehend important clients for the bank.

The firm’s name references the “five C’s of credit,” a loan framework that stands for power, capital, collateral, conditions and unoriginality. According to the executives, goodness firm will primarily be persevering on the US in illustriousness beginning, with possible expansion anticipate Europe.

(Reuters reporters Lananh Nguyen meticulous Saeed Azhar contributed to that story.)

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