Former Goldman banking star resurfaces to set up own firm

Michael Bow
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HIGHLY regarded former Goldman Sachs banker Hughes Lepic is to set up a private equity business in Mayfair just months after he stepped down from his role at the bank’s private equity unit.

The new business, Aleph Capital Partners, filed documents at Companies House last month to incorporate the venture. It is thought the outfit will be focused on deals in Europe.

Lepic, 48, was made partner in 2000 after joining the bank in 1990 and is originally from France.

He was head of Goldman’s merchant banking division and previously oversaw more than $7bn (£4.6bn) of investment through Goldman’s principal investment area division, which handles the firm’s own investments. He retired from Goldman in July last year.