Drew Goldman is joining Abu Dhabi Investment Authority as global head of real estate, the $829 billion sovereign wealth fund said in a news release Monday.
Mr. Goldman will start Oct. 3 and report to Mohamed AlQubaisi, executive director of ADIA's real estate department. Mr. Goldman is replacing Tom Arnold, and will be based in Abu Dhabi, according to a spokesman. Further information on Mr. Arnold was not immediately available.
Mr. Goldman was global head of investment banking coverage and advisory for Deutsche Bank since 2019 and had been with the firm for 22 years. Bruce Evans is assuming responsibility for Americas investment banking coverage and advisory, a Deutsche Bank spokesman confirmed. Mr. Evans is currently co-head of mergers and acquisitions for Deutsche Bank along with Berthold Fuerst, and will continue in that role as well.
Mark Fedorcik, co-head of investment bank at Deutsche Bank, said in an internal memo seen by Pensions & Investments that Mr. Evans has a "proven track record of success" with the firm. Mr. Goldman's focus on developing the client advisory franchise "resulted in our highest revenues in M&A in 5 years in 2021," Mr. Fedorcik said in the memo.
