Goldman Sachs has appointed longtime executive Akila Raman as the global head of its private and alternatives capital markets business, according to an internal memo seen on Wednesday. The move underscores the bank’s growing emphasis on expanding its footprint in the lucrative alternatives asset space, which includes private equity, credit, and other non-traditional investments.
The investment bank also named Michael Voris to an expanded leadership role as Americas head of equity derivatives. Both appointments fall under Goldman Sachs’ Capital Solutions Group, a division established last year to focus on structuring large-scale financing deals and providing lending solutions to corporate clients navigating increasingly complex markets.
In her new position, Raman will oversee capital raising, deal structuring, and distribution strategies tied to alternative assets, an area that has seen rapid growth as investors seek higher returns beyond traditional equities and bonds. Her appointment reflects Goldman’s intent to strengthen its capabilities in connecting institutional capital with private market opportunities.
Raman joined Goldman Sachs in 2004 and most recently served as chief commercial and strategy officer for transaction banking, giving her deep experience in client strategy and financial operations. Her elevation to this global role highlights the firm’s preference for internal leadership with a strong track record across multiple business lines.
Meanwhile, Voris will continue as co-head of equity capital markets for the Americas while expanding his focus on growing the firm’s equity derivatives business. Since joining Goldman in 2010 as a vice president and becoming a partner in 2020, he has played a key role in executing equity-related financing transactions and advising corporate clients on capital markets strategies.
The leadership changes come as global investment banks intensify competition in alternative investments and complex financial products, areas that have become central to revenue growth as traditional dealmaking faces cyclical pressures.
