Julian Salisbury is leaving Goldman Sachs to become a partner and co-chief investment officer at global investment firm Sixth Street.
Patrick Clifford, a spokesman for the firm, confirmed by email that Mr. Salisbury will share CIO duties with Alan Waxman, chief executive officer, and Joshua Easterly, co-president. Up until now, Mr. Waxman had served as sole CIO, the spokesman added.
Mr. Salisbury is expected to start at the firm in early 2024, said a Friday news release.
Sixth Street has more than $65 billion in assets under management.
Mr. Salisbury most recently served as CIO of Goldman Sachs' Asset and Wealth Management Division where he was responsible for $2.7 trillion in assets.
A spokeswoman for Goldman by email said that they have no plans to replace Mr. Salisbury, and that they have an experienced and tenured team of investment leaders who will continue to manage client portfolios across all asset classes.
Marc Nachmann, global head of asset and wealth management, "will continue to oversee our investment teams as global head of AWM supported by strong investment leadership teams," she added.
In an internal memo, David M. Solomon, CEO of Goldman Sachs, said: "After 25 years of distinguished service, Julian Salisbury, chief investment officer of Asset & Wealth Management and a member of the Management Committee, will leave Goldman Sachs."
