Eric Lane, co-head of Goldman Sachs Group’s asset-management business, is quitting the firm to join Tiger Global Management.
Over the coming weeks, Mr. Lane will work with Julian Salisbury, the division's other co-head, to ensure a smooth transition, according to a memo from CEO David M. Solomon.
Mr. Lane is leaving to join Tiger Global Management as president and chief operating officer, according to an internal memo from that firm seen by Bloomberg. The firm's current COO and chief financial officer, Anil Crasto, told the firm of his intent to retire in 2021.
Before Mr. Lane was announced in September as the co-head of Goldman Sachs' newly combined asset management and merchant banking divisions, he was global co-head of Goldman Sachs' consumer and investment management division.
Mr. Lane, who has been with Goldman Sachs for 25 years, became a managing director in 2001 and partner in 2002.
A Goldman Sachs spokesman referred questions to the memo.
Bloomberg contributed to this story.
