Finance

An exodus is under way at Goldman Sachs. Here’s a running list of all the partners jumping ship and where they’re heading.

Gregg Lemkau

gregg lemkau goldman

John Lamparski / Getty Images

Role at Goldman Sachs: Co-head of global investment-banking division; member of management committee

When he left: December 31, 2020

What he does now: CEO at MSD Partners

Gregg Lemkau, co-head of the firm’s investment banking division since 2017 and a member of Goldman’s management committee, departed the firm at the end of 2020. He was succeeded as co-head of the division by Jim Esposito, Goldman’s global co-head of its global markets division, who stepped into Lemkau’s role on Jan. 1.

“As co-head of IBD, Gregg has helped lead our efforts to continue to solidify and grow our preeminent investment banking franchise around the world,” David Solomon, Goldman’s CEO, wrote in a memo in November that was viewed by Insider.

“During his more than 28-year tenure at the firm, he has advised on hundreds of transactions, and has spent significant time advising our clients across all sectors globally while working in our offices in the US and in Europe,” Solomon added.

Lemkau has since taken over the Michael Dell-backed firm MSD Partners, leading an investment firm that manages more than $15 billion in assets.

In a post on Medium.com on December 31, Lemkau’s last day at Goldman Sachs, he wrote a sentimental parting message.

“Thank you for letting me be part of the greatest franchise on Wall Street. It has been a daily privilege to work alongside such depth and breadth of talent, from our assistants to our operations team to our engineers to our bankers,” Lemkau wrote his Goldman colleagues.

“Your relentless commitment to excellence and teamwork, while putting clients’ interests first is unparalleled,” he added.

Got a tip about another Goldman Sachs departure? Contact this reporter via email at rhodkin@insider.com, encrypted messaging app Signal (561-247-5758), or direct message on Twitter @reedalexander.

Shannen Balogh, Dakin Campbell, and Carter Johnson contributed to this reporting.

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