Current and former executives from Goldman Sachs are set to net millions of pounds when Sepura, a specialist telecoms company that was bought out of administration for £1 lists on the LSE next month. Michael Sherwood, co-chief executive of Goldman Sachs in Europe, is one of four people with links to the investment bank who are expected to sell 25 per of their shareholdings. No new shares will be issued. Mr Sherwood has a 25.6 per cent stake in Sepura; Jonathan Green, a former Goldman trader and co-founder of GLG, the large London hedge fund, also owns 25.6 per cent. Sion Kearsey, a former Goldman managing director and co-founder of Kelso Place Asset Management, a private equity firm, has a 20.4 per cent stake; and John Drinkwater, a former Goldman executive and co-founder of Kelso Place, also owns 20.4 per cent.

This entry was posted by Gwen Robinson on Friday, June 15th, 2007 at 5:35 and is filed under Capital markets, People. Tagged with goldman sachs, sepura. Edit this entry.