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January 31, 2023 09:00 AM

Ex-Goldman Sachs Asset Management executive Kent Clark dies after accident

Palash Ghosh
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    Kent Clark

    Kent Clark, a former managing director and partner at Goldman Sachs, died on January 27.

    In a memo issued to employees by Goldman Sachs CEO David Solomon on Monday, Mr. Clark's passing came in the wake of a "tragic accident" earlier this month.

    "Kent was a wonderful leader, a friend to everyone he met and a respected expert in the industry. He will be greatly missed," Mr. Solomon said in the memo.

    Mr. Clark joined Goldman Sachs in 1992 as an associate on the quantitative equity team within Goldman Sachs Asset Management, where he designed and managed strategies for long-only equity and equity market-neutral portfolios, the memo indicated. He was named managing director in 1998, partner in 2012, and retired from the firm in 2020.

    "Throughout his 28 years of distinguished service, Kent was instrumental in the growth of the firm's open architecture hedge fund platform and the development of our external manager investment process," Mr. Solomon added in the memo. "Kent made significant contributions to Goldman Sachs' global Alternative Investments & Manager Selection business and came to be viewed as a thought leader in the industry, having published research articles in alternative investment journals."

    According to a biography provided by Goldman Sachs, Mr. Clark's last title was co-chief investment officer of the Alternative Investments & Manager Selection Group and head of Hedge Fund Strategies.

    Mr. Clark is survived by his wife Helen, and children Stuart and Stephanie, the memo added.

    According to an obituary published in dignitymemorial.com, Mr. Clark was 58 years old and lived in Millburn, N.J.

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    December 12, 2022 page one

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