New York, New York, USA
23 days ago
Asset & Wealth Management, ACF, Vintage Strategies (Private Equity / Real Estate / Infrastructure / Credit Secondaries), Associate

About Goldman Sachs

Goldman Sachs Asset Management (GSAM) is one of the world’s leading asset managers with over $3 trillion in assets under supervision. As the primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.

Alternatives Capital Formation (ACF) is part of the Client Solutions Group (CSG) within Asset Management. ACF manages capital raising and strategy for alternative investments including private equity, private credit, real estate, infrastructure, growth equity, sustainability, secondaries, GP stakes, and hedge funds / liquid alternatives. Within ACF, team members work within product verticals and collaborate across strategies to identify portfolio-wide solutions. They also partner with other teams within ACF, and across CSG, investing teams and wealth management teams. Professional development initiatives provide opportunities to enhance expertise across alternative investment products, and to sharpen market knowledge from industry experts investing across the Firm. This specific ACF role sits with the External Investing Group (“XIG”), as part of the Vintage Strategies.

About Vintage Strategies. The Vintage Platform is Goldman Sachs Asset Management’s dedicated secondary investing platform that sits within the External Investing Group . The Vintage Funds, which provide liquidity solutions to private market limited partner investors and general partner fund managers, represent a flagship of Goldman Sachs’ alternatives franchise, with leadership in the secondaries space since 1998. Since inception, the Vintage Funds have raised nine globally diversified secondary funds and four strategy-specific vehicles, having invested over $75bn across more than 700 secondary transactions.

RESPONSIBILITIES AND QUALIFICATIONS:

Principal Responsibilities

Support senior Product Specialists within Vintage, Goldman Sachs’ dedicated secondaries investment platform, helping to launch new flagship funds and all capital raising initiatives Collaborate directly with the secondaries investing team on overall fund strategies, direction and mandateSelect investor interaction with new and existing institutional investors on due diligence inquiries, regular portfolio updates, ongoing investor requests and ad hoc client projectsCollaborate with stakeholders across the firm, help to define strategic direction and develop and execute go-to-market strategies for our funds, define target investors, draft marketing materials, track order book versus goalsProduce and update investor materials for various Vintage strategies, including marketing presentations, performance and data analysis, update calls; Utilize intelligence gained from investor inquiry to thoughtfully construct investor materials and effectively distribute the fund / vehiclesHelp complete due diligence questionnaires, recurring client/consultant questionnaires; prioritize and manage workflow in the context of multiple competing prioritiesCoordinate closely with investment team and other internal stakeholders such as legal, risk management, operations, compliance, controllers and tax in order to effectively respond to inbound investor requests and inquiriesEffectively articulate to internal and external stakeholders the Vintage investment strategy and role secondaries plays within an investor’s portfolioRespond to questions internally from senior management and sales channels (private wealth, institutional, third-party distribution) related to Vintage funds and the secondaries platform

Qualifications

3+ years in a similar or related role, previous experience in Investment Banking or Investing also applicableStrong interest in private markets Excellent communication (written and oral), analytical and interpersonal skillsStrong organizational skills and flexibility to manage production of a high volume of quality work within tight timeframes, often including multiple simultaneous projectsAttention to detail—proven experience of delivering high levels of accuracyCandidate must be a team player and self-motivated, demonstrating a willingness to take on more responsibility over time

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. 

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. 

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$170000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

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