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Ex-Goldman Banker Tim Leissner Had a $41,000 a Month Side Job

Tim Leissner, right. 

Tim Leissner, right. 

Photographer: Jeenah Moon/Bloomberg

Tim Leissner had a side job working for the family office of David Bonderman, the billionaire co-founder of TPG Inc., while he was still a partner at Goldman Sachs Group Inc., the former star banker told a jury Wednesday.

Leissner, the key witness in a money-laundering trial of his former colleague Roger Ng, said that in 2015 he made more than $41,000 a month in a role at Wildcat Capital Management, which manages Bonderman’s personal fortune. Leissner said he didn’t disclose the conflict to Goldman, where, at the time, he was chairman of Southeast Asia. Leissner, who didn’t provide details on his role, left Goldman in 2016.