Bloomberg News reports that Chenevert, 58, will help the unit find deals with aerospace and industrials companies, New York-based Goldman Sachs said Tuesday in a statement. The division makes investments for the firm’s private-equity funds as well as its own balance sheet.
In the meantime, Bloomberg also reports that Hartford Financial Services hired John Melvin as managing director and head of portfolio management at the insurer’s investing subsidiary.
Melvin, 46, joins from Goldman Sachs and will report to Brion Johnson, president of Hartford Investment Management Co, or Himco, the company said in a statement Tuesday. He was managing director at Goldman Sachs Asset Management, or GSAM, and chief investment officer of the global insurance asset-management operation, according to Hartford, which is based in the Connecticut city of the same name.