Home Stock Market Former Goldman Sachs executive appointed as CEO of asset-management firm P10, says WSJ.

Former Goldman Sachs executive appointed as CEO of asset-management firm P10, says WSJ.

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Former Goldman Sachs executive appointed as CEO of asset-management firm P10, says WSJ.

Goldman Sachs Veteran Luke Sarsfield to Lead P10 as CEO

Goldman Sachs Veteran to Head Asset Manager P10

Goldman Sachs veteran Luke Sarsfield is poised to take on the role of chief executive at asset manager P10, according to the Wall Street Journal. The announcement of Sarsfield’s appointment is expected on Monday, as confirmed by insiders familiar with the matter. P10, a leading provider of multi-asset class private market solutions in the alternative asset management industry, has yet to respond to a request for comment from Reuters.

Extensive Experience at Goldman Sachs

With over 23 years of experience at Goldman Sachs, Luke Sarsfield brings a wealth of knowledge to his new position. Last year, he was appointed as the global co-head of the firm’s $2.47 trillion asset-management business. Sarsfield’s impressive background makes him an ideal candidate to lead P10.

P10: A Focus on Lower-Middle Market Deals

P10, based in Dallas and recently listed on the market, specializes in lower-middle market deals within various sectors such as private equity, venture capital, and private credit. The company operates four divisions, including RCP Advisors and TrueBridge Capital Partners, and is known for its expertise in providing private market solutions.

As the new CEO, Luke Sarsfield will play a crucial role in driving the growth and success of P10. His leadership and extensive experience in asset management make him an excellent fit for the company’s strategic goals.