internal memo.
Pontarelli had spent
22 years at Goldman and most recently served as chief investment officer of
West Street Energy Partners, the bank's fund focused on renewable energy and
natural resources.
Scott Lebovitz will
replace Pontarelli.
A bank spokesman
confirmed the contents of the memo on Wednesday.
Pontarelli joined
Goldman in 1992 as an investment banking analyst. After working in various
roles in debt capital markets and banking, he joined the firm's private equity
division in 1999 to build its energy and natural resources investing unit. He
was named managing director in 2004 and partner in 2006.
Most recently,
Pontarelli's group helped to establish a bond facility to target $1 billion in
investment within the next few years for clean energy projects in Japan.
It also backed
Indian clean energy company ReNew Power Venture Pvt.
Pontarelli is the
latest senior departure at Goldman's merchant bank, which is led by longtime
partner Richard Friedman. Last year, Thomas Carella, who led healthcare
investment, joined private equity firm Warburg Pincus LLC.
Jack Daly, who ran
industrials investments at Goldman, also resigned to join TPG Capital.
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