Hyperdrive
Goldman Sachs Creates Joint Venture for Autos Technology Deals
- Bank names two co-heads in San Francisco, New York for effort
- Tesla’s rise has fueled EV startups’ rush to public markets
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Goldman Sachs Group Inc. is creating a joint venture in its investment bank focused on catering to auto technology clients like Tesla Inc. and the new class of companies trying to take on the top electric-vehicle maker.
The bank named San Francisco-based technology banker Chris Buddin and New York-based industrial banker Fausto Monacelli as the co-heads of the autotech effort.