Sad to report.
Bloomberg News reports that H. Frederick Krimendahl II, a top troubleshooter for Goldman Sachs in the 1970s and 1980s whose broad responsibilities included finding the home for the firm’s London office, has died. He was 85.
He died on January 21st at New York-Presbyterian Hospital/Weill Cornell Medical Center in Manhattan, according to his wife, Emilia Saint-Amand. The cause was pneumonia. Until suffering a stroke in June he was working as chairman of Petrus Partners, a New York-based real estate investment firm that he co-founded in 1992.
At Goldman Sachs, which he joined in 1953, Krimendahl rose to managing partner, headed recruitment and created the corporate finance department. He served with George Doty, Robert Rubin, Robert Mnuchin and others on the management committee during the 'Two Johns' regime of John Whitehead and John Weinberg.
He was among the leaders 'especially admired as culture carriers and exemplars' when the firm was a private partnership, and 'originally suggested' that the firm go public, long before it did so in 1999, according to The Partnership: The Making of Goldman Sachs, Charles D. Ellis’s 2008 book.
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