Saudi Wealth Fund Makes Senior Hires, Including Goldman Banker

Saudi Wealth Fund Makes Senior Hires, Including Goldman Banker

(Bloomberg) --

Saudi Arabia's $430 billion sovereign wealth fund made three senior hires, including Goldman Sachs Group Inc.'s head of investment banking in the kingdom, as it expands deal-making.

Goldman banker Eyas AlDossari will head investment advisory within the MENA Investments Division of the fund, according to a statement. Omar AlMadhi, who previously worked with Saudi Aramco and Volkswagen AG, will join him at the division as co-head of direct investments.