EUROPE – Goldman Sachs Asset Management has made several new appointments aimed at boosting its European institutional sales and marketing.

It has named Christoph von Reiche as an executive director in its German institutional business development team. He worked previously in Goldman’s investment banking arm.

Tomaso Giorgetti has been appointed executive director of GSAM in Milan. GSAM says his main role will be to find new distribution opportunities in Italy.

GSAM is the 11th largest manager of European pension assets, with around 27.8 billion euros of such assets under management.

Suzanne Donohoe, co-head of Goldman Sachs Asset Management Europe, said: “In line with the expansion of our European business we continue to grow our marketing and client coverage teams.

“Despite current market conditions, considerable opportunities exist in the European marketplace, and these appointments should enable us to continue to develop this potential.”

Other appointments include Lloyd Reynolds as head of offshore funds marketing. He held a similar role at J. P. Morgan.

GSAM manages around 27.8 billion euros in European pension assets.