What are the responsibilities and job description for the Asset & Wealth Management, External Investing Group (XIG), Infrastructure Secondaries, Vice President - New York position at Goldman Sachs?
Job Description
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.
Asset & Wealth Management Overview
A career with Goldman Sachs Asset & Wealth 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 & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. 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.
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, including for infrastructure secondaries, and have invested over $75 billion across more than 700 secondary transactions. The Vintage Infrastructure secondaries team is currently investing Vintage Infrastructure Partners Fund I, a $1 billion dedicated infrastructure secondaries fund. The team operates primarily from offices in New York, London, Hong Kong, Singapore, Salt Lake City, San Francisco and West Palm Beach.
Responsibilities
RESPONSIBILITIES AND QUALIFICATIONS
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.
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 .
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.
Asset & Wealth Management Overview
A career with Goldman Sachs Asset & Wealth 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 & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. 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.
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, including for infrastructure secondaries, and have invested over $75 billion across more than 700 secondary transactions. The Vintage Infrastructure secondaries team is currently investing Vintage Infrastructure Partners Fund I, a $1 billion dedicated infrastructure secondaries fund. The team operates primarily from offices in New York, London, Hong Kong, Singapore, Salt Lake City, San Francisco and West Palm Beach.
Responsibilities
RESPONSIBILITIES AND QUALIFICATIONS
- Source, lead and conduct due diligence to evaluate infrastructure secondary transactions across both traditional (e.g. limited partner (LP) secondaries) and non-traditional (e.g. continuation funds and preferred equity/structured solutions) secondaries, with a focus on fundamental asset-level valuation within diversified infrastructure portfolios across a broad range of infrastructure 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 infrastructure secondary vertical scale through team development, pipeline management and leveraging technology analytics
- Coordinate the execution and closing of investments, including working closely with internal (e.g. internal counsel, closing teams, compliance, risk and liquidity management) and external parties (e.g. infrastructure managers, external counsel)
- Monitor the performance and risk profile of existing portfolio investments
- Minimum of 5 years of experience in Infrastructure Secondaries, Infrastructure Investment Banking, or Direct Infrastructure Investing
- Candidates with 3 years of experience may be considered for the Associate level
- 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
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.
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 .
Salary : $125,000 - $290,000
