Former Goldman Sachs’ managing director Adam Korn joins Sixth Street as CIO

Adam Korn, a former managing director at Goldman Sachs who played a key role in the bank’s embrace of technology, has joined Sixth Street Partners, an investment firm, as its new chief information officer.

Earlier this year, Korn left his job as the global head of its securities division at at Goldman.

The bank uses the term strats to refer to quantitative analysts. At Goldman, Korn used to lead a division of “straders” – a group of executives who have dual skills of coding as well as trading.

Under David Solomon’s stewardship, Goldman has replaced top trading executives and has invested heavily in automation to turn its securities platform, Marquee, into a marketable product for customers.

Korn oversaw Marquee, before also taking over the securities division role in 2019.

Co-founded by Goldman veteran Alan Waxman in 2009, Sixth Street has assets worth $47 billion under its management.

Waxman is Sixth Street’s CEO.

Sixth Street did not immediately respond to requests for comments.

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

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