Goldman Sachs Asset Management (Goldman Sachs) has launched a new investment capability focused on investment grade private placement debt for the firm’s insurance, pension and sovereign wealth clients.
The Debt Private Placement Investors (DPPI) platform will originate and manage 4(a)(2) and select 144a Private Placement (PP) investments. The launch adds an important investment offering to the firm’s asset management platform. Goldman Sachs Asset Management manages over USD400 billion in insurance assets for over 200 clients across a broad spectrum of asset classes.
The team will be led by Jessica Maizel, who joined Goldman Sachs in 2021, bringing over 18 years of underwriting, origination and portfolio management experience, most recently with New York Life Investments. To further build out the platform capabilities, Christine Stehle, who recently joined Goldman Sachs from MetLife, will lead Corporate Private Placements and Marisol Gonzalez de Cosio, CFA, who helped to establish the industry leading infrastructure rating practice at Kroll, will lead Infrastructure and Utilities origination and placement.
Read more: Private Equity Wire
