SWFI First Read, January 10, 2017

Marty Chavez Named CFO of Goldman Sachs

R. Martin “Marty” Chavez was named Chief Financial Officer at Goldman Sachs. Previously, Chavez was Chief Information Officer at Goldman Sachs. Chavez joined Goldman Sachs in 1993 in the J. Aron Currency and Commodities division. From 1997 to 2000, he was Global Head of Energy Derivatives at Credit Suisse Financial Products. In 2000, Chavez co-founded Kiodex, Inc. and was Chairman and Chief Executive Officer until 2004. In 2006, Chavez was named Partner at Goldman Sachs.

Elisha Wiesel Named Chief Information Officer of Goldman Sachs

Elisha Wiesel was named Chief Information Officer at Goldman Sachs. He is the son of Elie Wiesel, a Holocaust survivor and Nobel Peace Prize winner. Elisha Wiesel joined Goldman Sachs in 1994. He was most recently Chief Risk Officer of the Trading Division at Goldman Sachs. Wiesel replaces R. Martin Chavez.

CDP and EIF Form Technology Transfer Platform

Cassa depositi e prestiti (CDP) and the European Investment Fund (EIF) formed a platform called ITAtech to finance the transfer of technology to businesses. CDP is allocating €100 million to the platform, while the EIF is equally contributing €100 million as well.

British Business Bank Boosts £40 Million in Lending Using Funding Circle

British Business Bank Investments Ltd, the commercial arm of the government-owned British Business Bank, plans to lend an additional £40 million to small businesses in the United Kingdom. This is being conducted through London-based Funding Circle Limited, a direct lending platform company.

Industriens Pension Buys Aarhus Office Building

Industriens Pension, a Danish pension fund for industrial workers, acquired an office tower in Aarhus from Standard Life. The building is called Europahuset, located at Europaplads 2.

Korean Investor Money to Acquire European Parliament-Leased Building in Brussels

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