Goldman Sachs partner in London departs, perhaps retires
Being a Goldman Sachs partner is a big deal. Aside from the fancy new title, you also get a fat salary bump (to $950k), a share of a special partner bonus pool, and the opportunity to invest in some of the company’s funds personally, to get carried interest type payouts. But it’s not everyone’s forever job.
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Eric Murciano was at Goldman Sachs for 21 years. Based in London, he joined the firm in 2004, was made a managing director in 2010, and a partner in 2018. He joined Goldman from ABN AMRO, where he worked in French FX sales.
At the time of his retirement, Murciano was global co-head of emerging market sales and EMEA co-head of foreign exchange sales. He previously worked in the bank’s prime brokerage division, according to FX Markets in 2008.
Murciano might not be retiring forever, however. He put the word “retire” in quotation marks in a social media post announcing his departure, and noted that his “retirement” was a chance to “take a step back, reset, and find new challenges.” Exciting times.
Emerging markets have had a turbulent few months. After plummeting in early April when Trump announced tariffs, EM stocks recovered faster than the S&P 500 index in mid-April when tariffs were postponed. It's not clear how Goldman fared during the changes. The form had $100m of unrealised mark-to-market losses early April, but these were primarily related to the dollar yen trades.
Murciano also isn’t the only Goldman Sachs partner who has retired from the firm in London. Jan Fritze, who joined Goldman from Citi in 2010 and was running the firm’s EMEA and APAC real estate groups, left in April. He had two replacements, Heiko Weber and Trent Wilkins, both MDs. It’s not clear if Murciano will have two replacements, but there is clearly precedent.
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