Goldman Said to Shut London Equity Fund, Move Mahindru to NYC

Goldman Sachs Group Inc.’s Suneil Mahindru, head of international stock investing, is relocating to the U.S. from London after the firm decided to close a European-equities investment fund, according to a person with knowledge of the matter.

Mahindru, a managing director in the asset-management unit, and some people on his team will have desks on the division’s newly designed third floor at the bank’s New York headquarters, the person said. Some team members, who number fewer than 10, may stay in London, switch groups or leave the firm, the person said. Andrew Williams, a company spokesman, declined to comment.