Asset Management, XIG, Petershill, Investment Team, Vice President, New York
Job Description
ASSET MANAGEMENT
A career with Goldman Sachs Asset Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the worlds leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As 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
About XIG
The External Investing Group (XIG) is responsible for identifying, researching and selecting leading third-party investment managers. The group provides investors with investment and advisory solutions across leading hedge fund managers, private equity funds, secondaries, GP stakes, real estate managers, public equity and fixed income strategies.
With over 350 professionals across 11 offices globally, XIG helps institutional and individual investors with their program design, manager diligence, portfolio construction and risk management. The investment solutions in XIG have a long history and our programs have seeded and partnered with many of the world's most prominent alternative investment managers.
Today, XIG oversees over $300 billion across portfolios of both customized and commingled fund solutions as one of the world's broadest, deepest and longest-standing open architecture programs. We manage globally diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Our investors generally access opportunities through new fund commitments, secondary market investments, co-investments, seed capital investments, investment manager equity / revenue share stakes, or fund of fund solutions.
XIG Petershill
Established in 2007, the XIG Petershill business within the Asset Management business partners with leading alternative asset managers and helps to accelerate their strategic development. Petershills minority investments seek to support the creation of long-term value by providing strategic capital to enhance employee retention, facilitate business development, buy out legacy equity holders and generate strategic options while preserving the autonomy and entrepreneurial spirit of these organizations. Petershill has partnered with over 35 alternative asset management firms to date and has raised over $14.0bn of commitments in private fund commitments. Petershill is also the operator of Petershill Partners (LSE: PHLL), a London Stock Exchange listed company.
Principal Responsibilities
Senior investment team member for evaluating investments for XIG Petershill funds, which have raised and deployed over $14bn of capital since inception
Co-ordinate between junior team members and the Investment Committee in evaluating and executing private equity investments
Run term and investment contract negotiation for each investment
Co-ordinate deal term matters between the investment team and GS Legal
Oversee ongoing investment changes, updates and issues
Revise investment approach to incorporate changing terms and trends
6+ years of experience at a top Law firm, covering asset management, M&A, funds, or GP stakes
Salary Range
The expected base salary for this New York, New York, United States-based position is $125000-$290000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Apply Now
ASSET MANAGEMENT
A career with Goldman Sachs Asset Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the worlds leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As 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
About XIG
The External Investing Group (XIG) is responsible for identifying, researching and selecting leading third-party investment managers. The group provides investors with investment and advisory solutions across leading hedge fund managers, private equity funds, secondaries, GP stakes, real estate managers, public equity and fixed income strategies.
With over 350 professionals across 11 offices globally, XIG helps institutional and individual investors with their program design, manager diligence, portfolio construction and risk management. The investment solutions in XIG have a long history and our programs have seeded and partnered with many of the world's most prominent alternative investment managers.
Today, XIG oversees over $300 billion across portfolios of both customized and commingled fund solutions as one of the world's broadest, deepest and longest-standing open architecture programs. We manage globally diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Our investors generally access opportunities through new fund commitments, secondary market investments, co-investments, seed capital investments, investment manager equity / revenue share stakes, or fund of fund solutions.
XIG Petershill
Established in 2007, the XIG Petershill business within the Asset Management business partners with leading alternative asset managers and helps to accelerate their strategic development. Petershills minority investments seek to support the creation of long-term value by providing strategic capital to enhance employee retention, facilitate business development, buy out legacy equity holders and generate strategic options while preserving the autonomy and entrepreneurial spirit of these organizations. Petershill has partnered with over 35 alternative asset management firms to date and has raised over $14.0bn of commitments in private fund commitments. Petershill is also the operator of Petershill Partners (LSE: PHLL), a London Stock Exchange listed company.
Principal Responsibilities
Senior investment team member for evaluating investments for XIG Petershill funds, which have raised and deployed over $14bn of capital since inception
Co-ordinate between junior team members and the Investment Committee in evaluating and executing private equity investments
Run term and investment contract negotiation for each investment
Co-ordinate deal term matters between the investment team and GS Legal
Oversee ongoing investment changes, updates and issues
Revise investment approach to incorporate changing terms and trends
6+ years of experience at a top Law firm, covering asset management, M&A, funds, or GP stakes
Salary Range
The expected base salary for this New York, New York, United States-based position is $125000-$290000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Apply Now