Goldman Sachs Group Inc. is promoting Luke Sarsfield to co-head of its asset-management business, part of a raft of changes atop the $1.7 trillion unit.
Chief Executive Officer David Solomon is set to unveil a series of leadership changes in asset management, according to people with knowledge of the matter. The moves represent the broadest shakeup in the unit since the New York-based firm fused its investment-management arm with its merchant bank into a combined operation in 2020.
