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Goldman Sachs buries DEI metrics as it names biggest partner class since 2010
New York Post • • business
Key Points:
- Goldman Sachs announced its largest partner class since 2010, promoting 109 employees, with a notable 30% coming from asset and wealth management and a record 13 engineers joining to support AI integration.
- The firm declined to disclose racial and gender diversity metrics for the new partner class, citing a changed legal environment and concerns over reverse-discrimination lawsuits following recent Supreme Court rulings on affirmative action.
- Despite withholding detailed demographic data, Goldman revealed it will surpass 100 female partners out of about 500 total, highlighting ongoing, albeit less public, diversity progress.
- The expansion of the partner class is seen as a strategy to retain top talent amid competitive pressures from private equity firms, with partners benefiting from high salaries, lucrative bonuses, and exclusive investment opportunities.
- The new partners average 17 years at Goldman, represent 20 different citizenships, and are geographically distributed across the Americas, EMEA, and Asia Pacific regions, reflecting the firm’s global reach and internal talent development.
