The Odds of Making Partner at Goldman Sachsposted by MR WAVETHEORY at 11/01/2006 03:59:00 PM
More than a fifth made managing director since 1998 have gone on to become partners at the Wall Street firm.
The latest round of 115 partners took an average of just over four years from becoming managing directors to make the grade, five will join the partnership just a year after.
They include Katinka Domotorffy, a portfolio manager at Goldman Sachs Asset Management; Carl Faker, who joined the hedge fund sales team in London from Morgan Stanley in 2004; Ankur Sahu, a member of the principal investments group; Guy Saidenberg and Andrew Wolff.
The managing director “class of 2003” is the best represented of the new partners, with 27 being promoted.
Three quarters of the group have been made managing director within the past five years.
Theodore Sotir, co-head of Goldman Sachs Asset Management in Europe, has the unusual distinction of having waited the longest to become a partner, having been promoted to managing director 10 years ago.