Goldman Sachs' Mehra to retire after 30 years
Sanjeev Mehra, Goldman Sachs vice-chairman of Global Private Equity in the Merchant Banking Division (MBD), is retiring from the firm after serving the Wall Street investment bank for nearly 30 years, according to an internal announcement reviewed by Mint.
Mehra who was one of the founding members of the global private equity business in 1990, had helped set up Goldman's private equity investment business in India.
Prior to his role as vice-chairman, Mehra served as co-head of the Americas private equity business. He also led the bank's global portfolio management function as head of the corporate operating committee, the note said.
Mehra joined the firm in 1986 in the corporate finance department of the Investment Banking Division. In 1990, he joined the predecessor to what is now the Principal Investment Area as one of its first dedicated investing professionals. He was named managing director in 1996 and partner in 1998, according to the internal note.
"During his twenty-six year career in merchant banking Sanjeev has been involved with investments in all six Goldman Sachs Capital Partners Funds covering $40 billion of capital in a range of investment types, including public-to-private sector, traditional leveraged buyouts, distressed debt investments, PIPEs and growth capital investments," the note said.