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A talent exodus from Goldman Sachs' asset-management division is posing a threat to CEO David Solomon's strategy for the firm. Key executives, including Julian Salisbury and Takashi Murata, are expected to leave, adding to the six out of eleven partners who have already departed following organizational changes. Solomon's plan to overhaul the company and focus on asset management as a revenue source faces challenges due to these departures,...
Preston Hollow Community Capital (PHCC) expands its team with experienced professionals, including a new Corporate Treasurer and several members joining the Originations team. PHCC is a prominent provider of impact finance solutions for crucial U.S. community projects, managing a diverse portfolio of municipal finance transactions worth over $4.8 billion. The company has received $1.6 billion in equity capital from top sponsors and holds...