Greg Olafson is leaving Goldman Sachs to become president and co-CIO at BDT & MSD Partners. He will lead global credit and collaborate with co-CEOs Byron Trott and Gregg Lemkau. Olafson brings nearly 24 years of experience from Goldman, where he was global head of private credit.
Greg Olafson, a seasoned executive from Goldman Sachs Group Inc., is set to join BDT & MSD Partners in July as president, co-head of global credit, and co-chief investment officer. He will report to co-CEOs Byron Trott and Gregg Lemkau. Previously, Olafson served as the global head of private credit within Goldman’s asset management division. His extensive experience is anticipated to enhance the firm’s capabilities in serving the investing needs of founders and business-owning families.
Trott expressed confidence in Olafson’s investing acumen, stating it would strengthen their investment services. Lemkau praised Olafson’s remarkable track record as “unparalleled.” Olafson will work with Rob Platek, co-head of global credit, who will transition to chairman of global credit by year-end. Together, they will make critical investment decisions for the firm’s private capital funds.
Goldman’s Global Head of Asset & Wealth Management, Marc Nachmann, recognized Olafson’s contributions over his nearly 24-year tenure at Goldman. Since joining as an associate in 2001, Olafson climbed to the partner level in 2012, overseeing various investment efforts, including private equity and private credit. According to Alan Waxman, CEO of Sixth Street Partners, Olafson is a “tremendous leader, trusted teammate, smart investor, and all-around great person.” His discerning evaluation skills have also drawn praises from industry peers.
Greg Olafson’s move to BDT & MSD Partners marks a significant transition in his career following a long and successful tenure at Goldman Sachs. His expertise and leadership are expected to bolster the firm’s investment strategies. Fellow executives and industry leaders have recognized Olafson’s capabilities and contributions, reflecting the high regard in which he is held. This appointment signifies a promising future for both Olafson and his new firm.
Original Source: www.livemint.com
Leave a Reply