Goldman to Boost Middle East Headcount, Eyes Wealth Fund Deals

Goldman Sachs Group Inc. is looking to open more offices and boost headcount in the Middle East, joining Wall Street peers expanding in the region to tap its deep pools of capital.

The New York-based firm continues to work with regional sovereign wealth funds on investment partnerships and expects to pursue further opportunities, said Marc Nachmann, global head of asset and wealth management. “The Middle East provides attractive risk/return opportunities,” he said at the Qatar Economic Forum in Doha.