GSC Partners, the alternative investment specialist based in New York, today announced the hiring of Joseph Wender as a managing director.
Wender was a partner at Goldman Sachs, where he worked for more than 30 years, according to a press release. He became a partner in 1982, and led the financial institutions group for more than a decade. Wender will be working from GSC’s new Los Angeles office.
GSC currently manages more than $8 billion in assets, including distressed debt funds, structured finance funds, mezzanine debt funds, and private equity funds under the name Greenwich Street Capital.
The firm was founded by Fred Eckert and Keith Abell in 1994. In March, GSC hired collateralised debt obligations expert Fred Horton away from Trust Company of the West.
In a statement, Eckert said Wender would help “identify new investment strategies”.