Wednesday, 26 April 2017
Last updated 7 hours ago
Dec 16 2011 | 4:08am ET
Goldman Sachs moved quickly to replace the retiring Milton Berlinski as co-head of its private equity banking group.
The Wall Street giant said that Pete Lyon would succeed Berlinski, who announced his retirement earlier this year. Lyon will serve as co-head of Goldman’s financial sponsors group in the Americas alongside Alison Mass, the firm said in an internal memo.
The financial sponsors group covers private equity firms, an area Lyon knows well. He formerly covered some of Goldman’s biggest private equity relationships and worked in its leverage finance group, which provides loans to finance acquisitions by p.e. firms.
Lyon joined Goldman in 1990 and was named a partner in 2006.