What You Need to Know About Goldman Sachs’ New Sustainable Finance Group
By Beecher Tuttle
Late last week, Goldman Sachs announced the creation of a sustainable finance group – a new team that will focus on impact investing as well as financing sustainable commercial projects. Here are some key takeaways from the new initiative, including some details on hiring plans.
Who’s Running It?
The group is being led by John Goldstein, who joined Goldman Sachs as a managing director in 2015 after the bank’s asset management arm acquired Imprint Capital, the sustainable investing firm Goldstein co-founded back in 2007. He’ll be joined by fellow MDs Kyung-Ah Park, head of environmental markets at Goldman Sachs, and Kara Succoso Mangone, who has spent the last decade in investor relations. Mangone will serve as the chief operating officer.
Photo courtesy of Sudipto Sarkar.