Goldman Sachs' Investment Management Co-Head To Retire

Jun 26 2007 | 2:24pm ET

Eric Schwartz, co-head of Goldman Sachs’ investment management division, is retiring within a few weeks.

Chris Williams, a spokesman for the firm, said Schwartz decided to retire after 23 years at the firm. He did not give further specifics and declined to comment on Schwartz’s future endeavors.

Peter Kraus, the division’s other co-head, will remain in his position, according to Williams, who had no information about Schwartz’s replacement.

Schwartz began his career at Goldman in institutional sales before moving on to his most recent position four years ago. He will become a senior director of the firm upon his retirement.

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