Goldman loses rainmaker to boutique advisory

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Chris Spofford was Goldman's (GS) top man for asset-management companies, and he exits just after leading the sale process for Frank Russell Co. A 17-year veteran at Goldman, Spofford moves on to Broadhaven Capital Partners, where he joins former Goldmanite Jerry von Dohlen.

It's yet another move from the ranks of the big banks to either private-equity or boutique M&A advisors.