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Goldman Sachs Exchanges

From CIO to CEO: TCW’s Katie Koch on running a $200B asset manager

Goldman Sachs Exchanges

Goldman Sachs

Business

4.41K Ratings

🗓️ 9 May 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

Katie Koch, CEO of TCW Group, shares her insights on leading the asset manager, fostering a strong culture, and steering the firm through a period of rapid transformation in the fixed income market. This episode was recorded on April 22, 2025. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to another episode of Goldman Sachs Exchanges, great investors.

0:04.0

I'm Alison Mass, chairman of investment banking at Goldman Sachs' global banking and markets business,

0:09.0

and your host for today's episode.

0:11.0

I'm thrilled to be speaking with Katie Koch, the president and CEO of TCW, a global asset manager

0:18.0

with more than $200 billion in assets under management.

0:22.7

Prior to joining TCW as CEO in 2023,

0:26.8

Katie spent 20 years with Goldman Sachs,

0:29.2

where she was a partner and most recently served as the CIO of the public equity business

0:34.2

in our asset and wealth management business.

0:37.0

I'm so excited to speak with

0:38.3

Katie about how she's leading TCW, building the culture, and navigating the firm through a

0:43.4

period of rapid change for the fixed income asset class. Katie, great to have you on the program,

0:48.7

and welcome back to 200 West. Thank you. I'm so excited to be here always. So some of our regular listeners may remember

0:56.3

Katie was one of my co-hosts for this podcast, which Katie and I first started in 2020,

1:02.4

as a way to hear how leaders across the financial services industry were managing and investing

1:07.4

through the pandemic. So Katie, how does it feel to be on the other side of the

1:12.0

mic as an interviewee as opposed to an interviewer? Well, first of all, I always love being back

1:17.2

at Goldman Sachs. I have to say that when we started this, and you, it was your idea, but you were

1:21.8

kind enough to ask me to participate, which ended up having huge benefits I want to talk about.

1:26.7

But we were like on our laptop zooms and

1:29.6

now you guys have this whole for, it's very golden. Just keep taking it up to the next level.

1:34.2

So we try. We try. It's great to be here and great to have this experience. Thank you for having me.

...

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