TCW Hires Goldman Veteran as CEO

Koch worked across positions in Goldman’s asset management division throughout her tenure, with her latest role expanded earlier this year. Before running equities, she spent 10 years in London and had also run multi-asset solutions globally.

“She is widely recognized as an extraordinarily dynamic and inspirational leader, and her appointment ushers in a new generation of leadership for TCW that I have no doubt will have a positive impact on our firm well into the future,” Marc Stern, TCW’s chairman, said in the statement.

“Goldman Sachs takes pride in identifying, nurturing and empowering leaders and it is no surprise when some are offered important leadership roles at other firms,” Julian Salisbury, global co-head of Goldman Sachs Asset Management, said in a statement.

Salisbury and GSAM co-head Luke Sarsfield said in an internal memo that the heads of its three primary investing platforms will report to Ashish Shah, chief investment officer of public investing. They are Steve Barry, CIO of fundamental equity; Monali Vora, head of quantitative equity solutions; and Osman Ali and Dennis Walsh, co-heads of quantitative investment strategies.

(Image: Bloomberg)