The rest of the 50 (in alphabetical order): Jade Mandel, vice-president of venture capital and growth equity, GS Growth Team (formerly Principal Strategic Investments Group), Goldman Sachs
Jade Mandel has been at US-headquartered investment bank Goldman Sachs (GS) for more than six years, having been involved carrying out internal mergers and acquisitions and corporate development at GS’s Firmwide Strategy Group from 2013 to 2014.
She moved to Hong Kong to join GS Growth Team, the strategic investment arm then known as Principal Strategic Investments, before returning to New York in September 2014 to oversee GS’s venture capital and growth equity investments.
As Mandel said on GS’s website: “Entrepreneurs think differently from everyone else – otherwise, their idea would already exist. If you are looking for entrepreneurs in the same place over and over again, you will get the same ideas, over and over again,” she seeks diverse investment opportunities.
Mandel joined the board of artificial intelligence software development tool developer H2O.ai, whose $72.5m series D round GS co-led with insurance group Ping An’s Global Voyager Fund in August 2019. She said GS was thrilled to partner the company on its mission to democratise artificial intelligence, adding: “Their deep technical bench and customer-centricity make them well-positioned to bring transparency and efficiency to the world of prediction.”
Other GS’s recent investments include geospatial software technology developer Orbital Insight’s $50m series D round, lease accounting software developer LeaseQuery’s $40m of series A round, which GS contributed through its Merchant Banking Division, and financial technology developer Deserve’s $50m round, all of which took place in November 2019.
Earlier, GS also led the $62m series D round for contract research organisation Fountain Medical Development, a series A round of undisclosed size for investment firm and asset manager-focused digital diligence platform developer DiligenceVault.
Mandel holds a bachelor’s degree in economics and Asian studies from Cornell University, having also done a general course on economic history and business Chinese at London School of Economics and Political Science.