Schwartz rejoins Goldman Sachs to head Asia Pacific

The 57-year old veteran will become vice chairman of Goldman Sachs and rejoin the management committee. He is replacing J. Michael Evans, who has served as chairman of the Asia since 2004 and is now working in New York as vice chairman and global head of growth markets.

"The Asia Pacific region continues to represent many of the most dynamic and important economies in the world," Schwartz said in a statement.

Schwartz first joined Goldman Sachs's investment banking unit in 1979. He served as head of capital markets from 1991 to 1997 and was elevated to chairman of Asia from 1999 to 2001. He then left the company, subsequently becoming a senior adviser to Soros Fund Management and then president and CEO from 2003 to 2004.

Schwartz has been chairman of MissionPoint Capital Partners since 2006 and founded Taj Capital with Raj Rajaratnam and Rajat Gupta in the same year. The firm, later renamed New Silk Route, has $1.34 billion under management and focuses on the Indian subcontinent, as well as other rapidly growing economies in Asia and the Middle East.

"He played a critical role in helping to build our businesses across Asia Pacific," Goldman Sach's CEO Lloyd C. Blankfein said of Schwartz. "Those experiences and relationships will be even more important as we focus on continuing to help our clients and grow our franchise across the region."

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• Topics
• Greater China
• People
• Goldman Sachs
• Appointments
• NSR New Silk Route Partners