See the 95 executives Goldman Sachs tapped to join its exclusive partnership

Goldman Sachs on Thursday promoted 95 executives to its partnership.

It's the largest class to be promoted under David Solomon since he took over as CEO in 2018.

A record 26 are women — a closely watched group after a series of high-profile female partner exits.

Goldman Sachs on Thursday dropped the names of its newest partner class, elevating 95 members to its highest designation of leaders outside the C-suite.

The 2024 class is the largest since David Solomon took over as CEO in 2018 and reflects the bank's growth expectations in dealmaking and asset and wealth management.

This year's class is also one of Goldman's most diverse, representing a record 26 females and a record level of Hispanic executive promotions, a company executive said on Thursday.

"A spirit of partnership has been at the heart of Goldman Sachs' culture for more than 155 years, with the firm's partners exemplifying the best traditions of leadership," Solomon and President and COO John Waldron said in a joint statement on Thursday.

The last time Goldman tapped new partners in 2022, it elevated 80 members. In the 2020 cycle, it appointed just 60 new partners , which helped reduce the size of the overall partnership to fewer than 440 members, down from 484 in 2018.

While the bank does not break out the size of its partnership at any given time, it has generally hovered around 400 to 450 members, representing less than 1% of Goldman's workforce. As of the end of September, the Wall Street bank employed about 46,000 people, filings show.

Since taking the top job in 2018, Solomon has been shrinking the bank's partnership ranks in a bid to increase its exclusivity. The Goldman executive said this year's larger size isn't an about-face from that goal, but rather a reflection of the firm's commitment to its key businesses like investment banking and money management . The executive said that the total size of the class has remained largely constant even as the firm has grown under Solomon.

The bank has, in recent years, adjusted its course back to historic strengths like trading and advising on mergers , after it fumbled the ball on its consumer-banking ambitions . Goldman has also experienced a slew of high-profile partner exits driven, in part, by demand for its executives at high-paying hedge funds and other buy-side firms.

The process for becoming a partner is rigorous, requiring months of interviews across the firm in a process known internally as cross-ruffing, as Business Insider has reported .

The title, which opens the door to special perks and privileges, is a vestige of Goldman's history as a private company run by its partners, who often contributed their own capital to deals. Goldman is now a publicly traded company, but its partners maintain influence over the strategic direction of the 150-year-old firm.

After several years of sluggish dealmaking across Wall Street, Goldman's investment-banking fees — from advising on mergers to debt and stock underwriting — shot up 24% at the end of September versus the first nine months of 2023.

The bank has also grown its asset- and wealth-management business, with assets under supervision surging to more than $3 trillion for the first time at the end of the third quarter, fueled in part by growth in assets from high-net-worth clients.

Here are some key figures about Goldman's 2024 partner class:

The average tenure of the partner class is 16 years at Goldman Sachs.

The percentage of women promoted is not a record. In 2022, 23 women were promoted, representing 27% of the total class. (Goldman Sachs has seen a number of high-profile female exits in recent months, raising criticisms about the bank's commitment to its female executives in an published by the Wall Street Journal. Among the exits have been Beth Hammack, the former treasurer and an unsuccessful contender for chief financial officer; Stephanie Cohen, the former chief strategy officer and head of its platform solutions group; and Katie Koch, the former chief investment officer of its public-equity business in asset management. Executives have vowed to do better. )

Here's the full list that Goldman released featuring all of its new partners.

Marine Abiad, Global Banking & Markets, Paris

Benny Adler, Global Banking & Markets, New York

Shahzad Ali, Controllers, New York

Ash Ang, Global Banking & Markets, Singapore

Lucia Arienti, Global Banking & Markets, London

Matthew Armas, Asset & Wealth Management, New York

Patrick Armstrong, Asset & Wealth Management, New York

Sebastian Ayton, Global Banking & Markets, Paris

Amitayush Bahri, Asset & Wealth Management, London

Rob Barlick Jr, Asset & Wealth Management, Miami

David Bear, Global Banking & Markets, New York