LONDON, July 18 (Reuters) - Goldman Sachs ( GS ) has made a
handful of senior leadership appointments within its investment
banking team, according to a internal memo seen by Reuters.
The company named former JPMorgan banker Carsten
Woehrn as joint co-head of M&A in Europe, the Middle East and
Africa (EMEA) to "grow and develop our European franchise," the
memo said.
Woehrn led JPMorgan's ( JPM ) Infrastructure M&A franchise in Europe
and has focused on transactions in healthcare, energy and
transportation.
Goldman Sachs ( GS ) has also appointed Nimesh Khiroya as co-head
of M&A in EMEA. Khiroya, previously head of activism and
shareholder advisory in EMEA and Nordic M&A, will continue his
role as co-head of UK Investment Banking.
The memo also confirmed Haidee Lee is returning to Goldman
Sachs ( GS ) as global co-head of Sponsor M&A, having left the bank for
JPMorgan in 2021. Lee served as co-head of strategic investor
group mergers & acquisitions at JPMorgan.
Lee will work alongside David Kamo, global co-head of
Sponsor M&A, and will be based in New York.
The leadership changes were announced as M&A activity is
starting to pick up. M&A volumes hit $1.6 trillion globally in
the first half of the year, up 20% from a year earlier, Reuters
previously reported.
Equity capital market volumes climbed 10% during the same
period. Wall Street banks reported a healthier pipeline for
deals and a jump in investment banking activity in quarterly
earnings last week.