Global investment house Goldman Sachs Asset Management (GSAM) has appointed Gary Black as managing director, responsible for US institutional and third party businesses.
Black oversees all institutional and mutual fund sales channels, marketing, and client service functions.
Commenting on the move David Ford, MD and co-head of global asset management at Goldman Sachs, added that Black’s appointment would “help further the firm’s focus on asset management.”
Black joins from US investment house Alliance Bernstein where he was executive vice president and head of institutional marketing. Prior to this he was a senior research analyst covering tobacco and beverage industries at Sanford Bernstein - before its takeover last year by Alliance Capital Management Holding - where he joined in 1992.
By Madhu Kalia
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