Former Goldman Sachs Partner buys California Mansion

Online, February 22, 2010 (Newswire.com) - Former Goldman Sachs partner Alan Waxman and his wife, Charlotte, have purchased a five-bedroom, six-bath home in Atherton's Atherton Park subdivision. Originally listed at $12.55 million, the couple paid a reported $11.3 marking a 10% drop from asking.

The Waxman's will be moving from their San Francisco apartment designed by Arthur McLaughlin & Associates Inc. to the 11,863-square-foot Italian Renaissance home. Menlo Park developer Pacific Peninsula Group built the mansion in 2009 on a full 1-acre lot with an in-home theater and swimming pool.

Mr. Waxman left Goldman Sachs in late 2008 to 'build a debt investment' team for TPG. This according to a letter to investors obtained and reported by Reuters in May 2009. The firm, formerly Texas Pacific Group, is a Texas based private equity firm with offices in SF, NYC and other major cities around the globe.