Asset & Wealth Management, XIG, Secondaries, Vice President - New York

GOLDMAN SACHS FIRM OVERVIEW

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

 

BUSINESS OVERVIEW

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. The private equity team is currently investing Vintage IX, a $14 billion diversified secondaries fund.  The team operates primarily from offices in New York, London, Hong Kong, Singapore, Salt Lake City, San Francisco and West Palm Beach.

 https://am.gs.com/en-us/institutions/products/secondaries

 

RESPONSIBILITIES AND QUALIFICATIONS

RESPONSIBILITIES

• Lead and conduct due diligence to evaluate Limited Partner (LP) led secondary private equity transactions, with a focus on fundamental asset-level valuation within diversified private equity portfolios across a broad range of private equity deal types and sectors
• Drive investment committee materials and present investment opportunities to the Investment Committee through written and oral presentations, and conduct thoughtful follow-up analysis
• Drive traditional Limited Partner (LP) led secondary vertical scale through team development, pipeline management and leverage technology analytics 
• Coordinate the execution and close of investments, including working closely with internal (e.g., internal counsel, closing teams, compliance, risk and liquidity management) and external parties (e.g., private equity managers, external counsel)
• Monitor the performance and risk profile of existing portfolio investments

 

QUALIFICATIONS

• Minimum of 5+ years of experience in Private Equity Secondaries, Investment Banking,  
• Excellent investment judgment and outstanding numerical, analytical and valuation skills for the purpose of assessing investment opportunities
• Strong presentation, communication and negotiation skills enabling the candidate to make robust recommendations to the Investment Committee and interact effectively with third parties
• Excellent time, people and project management skills
• Ability to work effectively as part of a team

Salary Range
The expected base salary for this New York, New York, United States-based position is $150000-$300000. 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.