Investing
TCW Hires Goldman Veteran Katie Koch as CEO of $220 Billion Firm
- Koch will be based at the firm’s Los Angeles headquarters
- She takes over from David Lippman, who will retire this year
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Bond giant TCW Group has hired longtime Goldman Sachs Group Inc. asset management executive Katie Koch as its next chief executive officer and president.
Koch, 42, joins the $220 billion asset manager after 20 years at Goldman, where she rose to become partner. She was most recently chief investment officer of Goldman’s public equity business, a $300 billion unit within the bank’s asset management division. She will start the new role in coming months, the Los Angeles-based firm said in a statement.