AWM, XIG, Petershill, Investment Team Member and General Counsel, Vice President, New York
Goldman Sachs
Application
Details
Posted: 19-Jun-24
Location: New York, New York
Type: Full-time
Salary: Open
Internal Number: 20941385
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 world's 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. Petershill's 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
In particular run legal term negotiation and investment contract drafting for each investment
Co-ordinate all legal matters between the investment team and GS Legal
Oversee ongoing investment legal changes, updates and issues
Revise investment approach to incorporate changing legal terms and trends
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