Forst New Co-Head Of Goldman Asset Management Group

Sep 27 2007 | 12:42pm ET

Goldman Sachs has named Edward Forst co-head of its investment management business, which oversees its hedge funds and alternative investments, many of which have been rocked by troubles in the credit and equities markets.

Forst was most recently vice president and chief administrative officer. He succeeds Eric Schwartz, who retired in June after four years at the helm of the asset management group, alongside Peter Kraus. Kraus remains co-head.

Forst will remain based in London.

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