Goldman poaches Lo to build leverage business

Goldman Sachs has signalled its intentions to build its Asian loan business, bringing in Nelson Lo to the firm in a newly created role in its financing group. Upon arriving at the US bank, Lo will answer to the title of executive director in the financing group and head of loan syndication, Asia ex-Japan.

From GoldmanÆs Hong Kong offices, Lo will report to Harvey Lee, managing director, head of debt capital markets, Asia ex-Japan. Prior to starting at Goldman, Lo was a senior vice president in syndicated finance at DBS. In total, he brings over 10 years of loan market experience to Goldman.

ôIn an continuing effort to serve our clients with a full range of financing products and to respond to the growth in leverage finance opportunities, we are very fortunate to have Nelson joining our team,ö says Lee.

According to Goldman, LoÆs appointment comes as it may seek more candidates for its loan syndication team and its leverage finance business as a whole.