Goldman’s Brafman Said to Leave After 11 Years

Lester R. Brafman, a managing director in the high-yield debt sales and trading department at Goldman Sachs, left this week after 11 years at the firm, according to five people familiar with the matter.

Brafman, 50, joined Goldman Sachs in 2001 after six years at Credit Suisse First Boston, according to records maintained by the Financial Industry Regulatory Authority. He previously worked at Wasserstein Perella Securities and Lehman Brothers, the records show.

Brafman ran high-yield debt trading at Credit Suisse and had a similar role after joining Goldman Sachs. He’s been a Goldman Sachs managing director, the second-highest rank at the firm after partner, since 2003.

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