Description
Goldman Sachs Asset Management 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.
External Investing Group (XIG). XIG provides investors with investment
solutions, across leading hedge fund managers, private equity funds, real estate
managers, public equity strategies and fixed income strategies. XIG manages
globally diversified programs, targeted sector-specific strategies, customized
portfolios, and a range of advisory services. Our investors access opportunities
through new fund commitments, fund-of-fund investments, strategic partnerships,
secondary-market investments, co-investments, and seed-capital investments. With
over 400 professionals across 11 offices around the world, XIG provides manager
diligence, portfolio construction, risk management, and liquidity solutions to
investors, drawing on Goldman Sachs’ market insights and risk management
expertise. We extend these global capabilities to the world’s leading sovereign
wealth funds, pension plans, governments, financial institutions, endowments,
foundations, and family offices, for which we invest or advise on over $500
billion of alternative investments, public equity strategies and fixed income
strategies.
XIG Hedge Funds. The XIG hedge fund team is the part of the XIG responsible for
sourcing, examining, and investing in leading external hedge fund managers. The
team has been in this business since 1969, making it one of the first
multi-managers in the industry. As of December 2024, the team managed over $40
billion across portfolios of hedge funds, customized solutions, and advisory
relationships. The team covers a wide number of strategies including fundamental
equity long short, credit, event driven, macro, CTAs, multi-strategy and
quantitative funds. Investors include public pensions, corporate pensions,
financial institutions, endowments, foundations, and high net worth individuals.
This diverse and broad investor base is beneficial for XIG, both as a source of
capital and as a resource for us in the markets where we invest. Our group has
sought to establish deep and longstanding relationships with leading
institutional hedge fund investors and have benefited from Goldman Sachs’ strong
relationships with ultra-high net worth individuals. Within hedge funds, our
history in managing portfolios dates as far back as 1969, meaning we are among
the most experienced hedge fund advisors in the industry.
Alternatives Capital Formation (ACF). 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 XIG, focused on
hedge funds.
RESPONSIBILITIES AND QUALIFICATIONS:
Principal Responsibilities
* As a junior product specialist, individual would be responsible for helping
senior team members drive commercial strategy, capital formation & client
engagement. This involves assisting in the launch, management of strategy,
and ongoing business development for various funds/products across regions
and client channels.
* Additional responsibilities include ability to:
* Support content development for existing client and prospect presentations,
internal governance, Request for Proposals, and other investment-related
analyses
* Prepare regular quantitative and qualitative content market views and
platform offerings
* Support the XIG ACF team’s broader initiatives focused on enhancing client
service, data efficiency, and infrastructure development
Qualifications
* 0-4 years in a similar or related role
* Specific interest in capital formation and business development
* Strong interest in capital markets, asset management, and understanding of
alternative investments
* Excellent analytical, presentation, communication and interpersonal skills
* Strong organizational skills to oversee production of a high volume of
quality work within tight timeframes, often including multiple simultaneous
projects
* Attention to detail – proven experience of delivering high levels of
accuracy
* Knowledge and understanding of Excel, PowerPoint and Word and adaptability to
other software products
* Strong communication skills with ability to convey ideas in an impactful
manner