Among the new partners named in 1986 are Jeanette Loeb, the firm’s first woman partner; Garland Wood, the firm’s first black partner, and Fischer Black, a pioneer in quantitative risk management.
On October 16, 1986, Goldman Sachs named 37 new partners, the most ever in the firm’s history.
Among those named partner was Jeanette W. Loeb, the firm’s first woman partner. Jeanette joined Goldman Sachs on a full-time basis in 1977 after receiving an MBA from Harvard Business School. She had worked in Investment Research during the summer of 1976. Jeanette began in the firm’s Private Finance Department and spent her career there and in its successor, the Structured Finance Group. Among her key accomplishments, Jeanette served as the lead banker financing one of the first continuous casters for the US steel industry and developed the supplier financing product. This was followed by similar assignments for most of the other major steel producers in the United States and Canada.
