Goldman transferred privately held Russian assets to former employees

Goldman Sachs agreed a deal last year to transfer a portion of its privately held Russian investments to two of the bank’s former employees, part of the Wall Street firm’s efforts to wind down its operations in the country in the wake of Moscow’s war with Ukraine.

Goldman has transferred its ownership stakes in Russian recruitment firm HeadHunter and Cian, a property listing website, to Maxim Klimov and Anton Schreider, according to a person familiar with the matter.