Goldman leveraged finance partner departs

Adam Savarese spent more than six years over two separate stints of employment at the firm.

One of Goldman Sachs’ co-head of leveraged finance, Adam Savarese, is set to retire from the firm.

Savarese’s retirement was confirmed by a Goldman Sachs spokesman and by an internal memo to the firm on Monday. Savarese spent more than six years at the firm during two separate employment periods, according to Savarese’s LinkedIn profile.

Goldman Sachs declined to comment further.

Savarese originally joined the firm back in 1999 as an analyst, according to his LinkedIn profile. Three years later he left for Morgan Stanley. His old employer promoted him to managing director at the end of 2009, according to a press release at that time.

Savarese was rehired at Goldman in 2016 as a partner and head of US distressed trading. In 2017, Savarese was promoted to US co-head of leverage finance trading. The internal memo highlighted his mentoring and training work at the firm, including serving as the co-head of a female trading initiative.

Savarese graduated from James Madison University in 1999.