Topic: Private Student Loan - First Marblehead Announces Closing of GS Capital Partners … - MarketWatch

August 19th, 2008, 10:35 am Private Student Loan

Jack led First Marblehead in fiscal years 2006 and 2007 through a period of strong revenue and earnings growth and through a most challenging fiscal year 2008 as the Company had to adjust its business model due to capital market disruption. The Company helps meet the growing demand for private education loans by providing national and regional financial institutions and educational institutions, as well as education loan marketers, with an integrated suite of design, implementation and capital market services for student loan programs. About GS Capital Partners — Since 1986, Goldman Sachs has raised fourteen private equity and mezzanine investment funds aggregating $72 billion of capital and leverage commitments. Statements in this press release that are not purely historical in nature constitute forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our leadership and goals for enhancing shareholder value. First Marblehead Announces Closing of GS Capital Partners Investment and Appointment of Daniel Meyers, Co-Founder and Former CEO, as the New Chief Executive Officer - MarketWatch Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. Explore More