April 22 - Goldman Sachs has promoted Akila Raman to global head of its private and alternatives capital markets business, according to a memo. The bank also assigned Michael Voris to an expanded role as Americas head of Equity Derivatives. Both positions are part of the Capital Solutions Group, a unit established last year to concentrate on financing large deals and offering loans to corporate clients.
Raman will be charged with overseeing capital raising, structuring and distribution solutions across the alternatives asset class. The appointment formalizes a leadership role focused on the segment of the market that the bank has identified as a priority within its broader Capital Solutions agenda.
Raman joined Goldman Sachs in 2004. Most recently she served as chief commercial and strategy officer of Transaction Banking, a role that preceded this promotion.
Voris will retain his responsibilities as co-head of Equity Capital Markets of the Americas while taking on a heightened focus on expanding the equity derivatives business. The change reflects an effort to grow that segment alongside the bank's equity capital markets activities.
Voris began his career at Goldman Sachs in 2010 as a vice president and was elevated to partner in 2020. His expanded mandate will concentrate on the development and scaling of equity derivatives within the Americas organization.
Both appointments sit under the Capital Solutions Group roof - the unit created last year to serve corporate clients with financing for large transactions and to provide loan solutions. The realignment places alternatives capital-raising and expanded equity derivatives efforts within a single capital-solutions framework.
Context and implications
The personnel moves allocate leadership for two strategic areas - alternatives capital markets and equity derivatives - within a group tasked with delivering financing and loan products for major corporate transactions. The bank's internal memo signals a coordinated approach to these capabilities, aligning structuring, distribution and derivative solutions under the Capital Solutions umbrella.
What the appointments confirm
- Raman's promotion formalizes responsibility for capital raising, structuring and distribution in alternatives.
- Voris will continue in ECM leadership while prioritizing growth in equity derivatives.
- Both roles are integrated into the Capital Solutions Group created last year to support large-deal financing and corporate lending.