Goldman Sachs (GS) has unveiled the list of its newest partners.
The announcement came as Wall Street and the rest of the world were digesting the outcome of the U.S. presidential election.
With the incoming class, the total number of partners at Goldman will go up into the high 400s, according to a source familiar with the situation. With potential attrition -- due to some partners moving on to other firms and others retiring -- the number could go down to about 400 over the next two years, the source said.At about 400, the number of partners would be about 1% of the firm's 36,800 employees at the end of 2015.
The partner selection process kicked off in July with 133 candidates, said the source.
A partner has a base salary of $950,000 and shares in the portion of the bonus pool earmarked for partners, the source said.
The appointment will take effect in January.
Nineteen of the soon-to-be partners, or 23%, are women, marking the highest percentage of females appointed to partner at the firm, according to a Goldman spokesman.
Goldman's securities division had the highest number of partner appointees with 26, followed by banking with 22 and investment management with 10, the spokesman said.
The new partners: Nicole Agnew, Andrew Bagley, Jonathan Barry, Jonathan Bayliss, Deborah Beckmann, Michael Bruun, Robert Camacho, David Casner, Kenneth Castelino, Christian Channell, Massimiliano Ciardi, David Coulson, Chris Crampton, Canute Dalmasse, Michael Daum, Jennifer Davis, David Fox, Andrew Fry, Charlie Gailliot, Gabriel Gelman, Joshua Glassman, Court Golumbic, Parameswaran Gopikrishnan, Sarah Gray, Carey Halio, Brian Haufrect, Peter Hermann, Amanda Hindlian, Harold Hope III, Erdit Hoxha, Kathleen Hughes, Russell Hutchinson, Omer Ismail, Geraldine Keefe, Andre Kelleners, Aasem Khalil, Simon Kingsbury, Kathryn Koch, Tuan Lam, David Lang, Bruce Larson, Gavin Leo-Rhynie, Tim Li, Paget MacColl, Clifton Marriott, Elizabeth Martin, Jason Mathews, Alexander Mayer, Brendan McGovern, Sean McHugh, Céline-Marie Méchain, Jung Min, Sam Morgan, Edward Gary Morse, Heather Mulahasani, Dimitrios Nikolakopoulos, Michael Paese, Kim-Thu Posnett, Alexander Potter, Macario Prieto, Xiao Qin, Padideh Raphael, Marko Ratesic, Lawrence Restieri, Jr., Jason Rowe, David Rusoff, Maheshwar Saireddy, Thierry Sancier, Jason Savarese, John Sawtell, Stacy Selig, Tejas Shah, Nicholas Sims, Nishi Somaiya Li Hui Suo, Aurora Swithenbank, Christopher Taendler, Richard Taylor, David Thomas, Andrew Tilton, Peter van der Goes, Jr., Damien Vanderwilt Peter Weidman and Neil Wolitzer.
Goldman last month reported third quarter results that topped analysts' expectations. The bank reported earnings of $4.88 per diluted share, exceeding analysts' forecasts of $3.82 per share. Revenue for the quarter was $8.17 billion, beating estimates of $7.42 billion.
Shares of Goldman were trading at $190.64 Wednesday afternoon, up 4.8%. The stock is up 5.7% year to date.