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Goldman Sachs Appoints Akila Raman to Lead Alternatives Capital Markets

Apr 22, 2026 13:47 UTC
GS
Medium term

Goldman Sachs has named Akila Raman as the global head of its private and alternatives capital markets business. Raman will oversee capital raising and distribution for the firm's expanding alternatives asset class.

  • Akila Raman named global head of private and alternatives capital markets
  • Responsibilities include capital raising, structuring, and distribution
  • Raman previously held the role of chief commercial and strategy officer of transaction banking
  • Raman has been with Goldman Sachs since 2004
  • Promoted to managing director in 2015 and partner in 2018

Goldman Sachs Group Inc. has announced a strategic leadership transition, appointing Akila Raman to lead its global private and alternatives capital markets business. The appointment, detailed in an internal memo, places Raman at the helm of a critical growth area for the investment bank. In her new capacity, Raman is tasked with overseeing the structuring, distribution, and capital raising efforts within the alternatives asset class. This move comes as financial institutions increasingly pivot toward private markets to capture higher yields and diversify client offerings. Raman is a long-time veteran of the firm, having joined Goldman Sachs in 2004. Her career trajectory includes a promotion to managing director in 2015 and her elevation to partner in 2018. Most recently, she served as the chief commercial and strategy officer of transaction banking, bringing a deep operational and strategic background to the alternatives division. While the appointment is a personnel shift, it underscores Goldman's ongoing commitment to scaling its alternatives platform. By installing a seasoned partner with transaction banking expertise, the firm aims to streamline how it raises and distributes capital for non-traditional investment vehicles.

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