Goldman Sachs Asset Management is tooling up its impact investing business. The firm has recruited two managing directors to lead social impact investments within GSAM’s Sustainable Investing group.
Aurin Bhattacharjee, who joins from software-focused growth equity firm DTCP, will lead the business’s investments in education and workforce enablement themes. Jamison Hill – one of affiliate publication Venture Capital Journal’s Rising Stars in 2021 – will lead financial inclusion investments. Hill was most recently a partner at Base10 Ventures and previously at Bain Capital Ventures.
GSAM’s Sustainable Investing group houses the Horizon Environment and Climate Solutions fund, which closed earlier this year on $1.6 billion. The group is headed by Ken Pontarelli. Battacharjee and Hill report to Greg Shell, partner and head of the group’s inclusive growth business. The Horizon fund is a growth equity strategy.