Goldman Sachs Private Equity Vice Chairman Mehra to Retire

Sanjeev K. Mehra, vice chairman of the global private equity unit at Goldman Sachs Group Inc., is retiring from the U.S. bank.

Mehra, 57, was one of the founding members of the practice in 1990, and has also served as co-head of the Americas private equity business, according to an internal memo obtained by Bloomberg. The contents of the memo were confirmed by a spokeswoman for Goldman Sachs.

Mehra began his career at Goldman Sachs in 1986 in the corporate finance division, and joined what is now known as the principal investment area four years later. He was named partner in 1998.

As a principal private equity banker, Mehra was involved in some of the biggest deals of the leveraged buyout era. Along with Onex Corp., he engineered the $7 billion take-private of business-services company Aramark in 2007, as well as the 2007 $3.3 billion deal for Hawker Beechcraft Inc. The private-jet maker filed for bankruptcy in 2012 and is now a unit of Textron Inc. 

More recently, he worked on the acquisition of custodial-services provider GCA Services Group from Blackstone Group LP for about $950 million including debt.

Mehra holds a bachelor’s degree in economics from Harvard College, and a master’s degree in business administration from Harvard Business School, according to data compiled by Bloomberg.

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