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Goldman's Connolly Shifts To PE

Tom Connolly, the head of Goldman Sachs’ U.S. leveraged finance business, is shifting over to the firm’s private equity arm, where he is expected to run a fund investing in debt, according to the Financial News. Connolly, who has led the leveraged finance unit for four years, will be replaced by Denis Coleman, co-head of loan capital markets, and Craig Packer, head of high yield bond capital markets.


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