David Levy, formerly a banker for Citigroup Global Markets Inc., recently left that firm to join Goldman, Sachs & Co. in its south Florida office, a Goldman spokesman said.
David Levy joined Goldman Sachs about a month ago and he is going to cover his historical client base, which is a national practice oriented to public power and infrastructure, the spokesman said.
Levy had numerous large clients in Florida, including JEA, formerly the Jacksonville Electric Authority, according to industry sources.
It is not clear if Levys is part of Goldman Sachs effort to increase sales in Florida or the Southeast. The company spokesman said that kind of strategy is not discussed publicly.
Statistics show the firm has managed more in volume during the first six months of this year, compared to all of 2004, according to Thomson Financial.
In the first half of this year, Goldman Sachs ranked eighth among senior managers in the Southeast with 14 transactions totaling $1.85 billion. In 2004, records showed the firm ended the year as the 11th ranked senior manager with 17 transactions totaling just over $1.4 billion.
