Goldman Bolsters M&A Team in Asia

Posted by Anton Murray Consulting on 13 Jun, 2014

Neil Gough

HONG KONG – Goldman Sachs is ramping up its mergers and acquisitions team in Asia amid a surge in deal volume in the region, according to an internal memo sent on Thursday.

As part of a reshuffling, the bank appointed Richard Campbell-Breeden to the newly created position of vice chairman of the investment banking division for Asia, excluding Japan. Mr. Campbell-Breeden, who has been at the bank since 1989, had been the head of deal-making in the region since 2011.

Mr. Campbell-Breeden will be succeeded by John Kim, who will relocate to Hong Kong from Seoul. Mr. Kim, a 14-year veteran of Goldman, had served most recently as its co-country head for South Korea since 2007.

Mergers and acquisitions involving target companies in Asia, excluding Japan, rose 76 percent, to a record $146.7 billion, in the first quarter from the period a year earlier, according to data from Dealogic.

The memo also said that Christos Tomaras, currently Goldman’s head of mergers and acquisitions in Europe, would relocate to Hong Kong from London to join the deal-making team in Asia.

New York Times

Latest market insights

BNP Paribas takes all at Insignia Financial

› Read more

Aware Super goes global with UK office opening

› Read more

What LEGO can teach us about the folly of ESG inclusions

› Read more

Super funds finding it hard to avoid greenwashing

› Read more

Super funds ‘going backwards’ on climate action: Report

› Read more

X feed

Our client is a leading AUS stockbroker that provides a full brokerage service to individual clients investing in both domestic and international equities, & wealth management services incl financial planning, margin lending & managed funds investments: https://ow.ly/7fK350Qcjkf

BNP Paribas takes all at Insignia Financial: https://ow.ly/6MPv50QbOek

Aware Super goes global with UK office opening: https://ow.ly/nAQ250QbO8N

What LEGO can teach us about the folly of ESG inclusions: https://ow.ly/gEIG50QbNEH

Sign up to our newsletter

Sign up to our newsletter

"*" indicates required fields

By subscribing to our newsletter I agree to the collection, use and disclosure of my personal information in accordance with our Privacy Policy