Goldman Sachs Asset Management
continues to see changes in its top ranks. Steve McGuinness
, co-chief operating officer of the investment management unit and global head of distribution, will bid adieu to the firm next month, InvestmentNews reports
McGuinness' co-COO, Eric Lane
, will take over his duties, according to the pub, citing people familiar with the situation.
McGuinness has been with GSAM for 19 years.
GSAM has seen other high-level departures in the last year.
In February of last year, Marc Spilker, co-head of GSAM, retired from the firm. Ed Forst
, who rejoined Goldman in 2009 after a stint at Harvard University, became the co-head alongside Tim O'Neill
Last December, GSAM's global chief investment officer, Eileen Rominger
, left to join the SEC as director of investment management.
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