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Monday, November 23, 
4:49 pm

Goldman Asia M&A head Leven to leave

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Goldman_Sachs_125x100.gifGoldman Sachs Group Inc.'s  (NYSE:GS) co-head of mergers and acquisitions for Asia, Johan Leven, will leave the firm in September.

Bloomberg is reporting that Leven plans to leave the firm to pursue other business interests, "including an Internet education venture in Taiwan."

Leven is 43 and joined Goldman in 1990. After a stint as COO of investment banking in Australia, Leven moved to Hong Kong to become head of Corporate Finance and COO for investment banking in Asia. Leven became a managing director in 2000 and a partner in 2004, according to a report by The Wall Street Journal.

During his time at Goldman, Levin has worked on a number of transactions, according  The Deal's Pipeline. They include:

  • Coca-Cola Co. (NYSE:KO) on its $2.4 billion deal to buy China Huiyuan Juice Group Ltd. in September 2008, which was eventually rejected by Chinese authorities.
  • China Network Communications Group Corp.'s purchase of a 20% stake in Hong Kong-based PCCW Ltd. for HK$7.9 billion ($1 billion) in January 2005.
  • Lenovo Group Ltd.'s purchase of a controlling interest in IBM Corp.'s (NYSE:IBM) PC business for $1.75 billion in December 2004.
To see more deals Leven worked on check out The Deal Pipeline (subscription required).
 
Leven isn't the only banker on the move, though. Check out Dealwatches BofA Merrill Lynch exodus and Bear Stearns exodus to see where other Movers & shakers are going on Wall Street. - Maria Woehr

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