Greg Mount, partner and head of structured credit marketing at Goldman Sachs, has resigned from the firm. He is expected to start an alternative investment fund that will buy structured credit securities, according to several officials familiar with his move. Mount was previously co-head of the entire structured product team at Goldman and assumed the role of head of structured product marketing within the last six months. It could not be determined if the change had any role in his resignation.
Mount likely has some kind of non-compete clause and will probably be on the sidelines for at least a few months before he can actively solicit investments for his new fund, according to someone familiar with Mount's resignation. Still, the official added Mount is highly regarded and should be able to easily attract investors for a structured credit fund. Mount did not return a call to his home phone or e-mails. Goldman officials referred calls to Michael DuVally, spokesman. He declined comment.
Mount's resignation, which occurred earlier this month, is regarded as unusual since the partner title is widely coveted at Goldman and those who get elevated to that level from managing director rarely walk away from it, according to an outsider.
