NEW YORK, July 17 (Reuters) - Goldman Sachs ( GS ) named
its senior banker Aasem Khalil as global head of its business
focused on client coverage in middle-market banking, a memo seen
by Reuters on Thursday showed.
Best known for its advisory work on mega deals, Goldman has
in recent years expanded in so-called middle-market deals worth
$500 million to $2 billion.
It recently advised Electrical Components International on
its $1.9 billion sale to Rosebank Industries.
Khalil will take on additional responsibilities on top of
his roles as global head of investment banking client services,
and head of the firm's Dallas office and of investment banking
in the southern region.
As global head of the so-called cross markets group,
established in 2019, Khalil will oversee the bank's strategy to
identify new commercial opportunities, the memo said.
Separately, Citigroup ( C/PN ) hired David Friedland, a former
head of Americas cross markets group for Goldman, as co-head of
North America investment banking coverage.
Khalil joined Goldman Sachs ( GS ) in 1996 as an analyst on the
mortgage-backed trading desk, and was named managing director in
2008 and partner in 2016.