After a 13-year career with Goldman Sachs, Fred Hu will retire as a partner of the firm and become an advisory director in April. Sources say he plans to launch a private equity fund.
Hu is chairman of Greater China, responsible for the firm's China strategy and investment banking. He was recently appointed to the firm's newly created IBS investment banking services leadership group, designed to assume coverage of a series of the firm's most important franchise accounts, across industries and regions, in an effort to strengthen its footprint of trusted advisory relationships.
A spokesperson for the bank said that Hu won't be replaced as...
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