Asset & Wealth Management, External Investing Group (XIG) - Vintage, Fund Formation, Deal Negot[...]

Goldman Sachs; New York (NY); On-site; USD 100,000 - 170,000; Full time

Job summary

Goldman Sachs seeks an Associate for its Asset & Wealth Management division, focusing on fund formation and deal negotiation. This role offers a unique opportunity to engage with clients and collaborate with diverse teams, contributing to significant investment solutions globally. Ideal candidates will have experience in legal contract negotiation, particularly in private equity.

Benefits

Competitive salary and discretionary bonus

Comprehensive benefits package

Qualifications

• Experience reviewing and negotiating legal contracts focused on private equity fund formation.
• Preferred experience with private equity funds.

Responsibilities

• Work on fund formations and bespoke mandates.
• Review offering documents and manage side letter negotiations.
• Liaise with clients on execution of mandates.

Skills

Negotiation

Legal Analysis

Fund Management

Education

Experience with private equity funds

Job description

Asset & Wealth Management, External Investing Group (XIG) - Vintage, Fund Formation, Deal Negotiation and Syndication, Associate

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Asset & Wealth Management, External Investing Group (XIG) - Vintage, Fund Formation, Deal Negotiation and Syndication, Associate

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Job Description

Asset & Wealth Management, External Investing Group (XIG) - Vintage, Fund Formation, Deal Negotiation and Syndication, Associate

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 $3.14 trillion in assets under supervision globally, 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.

Job Description

Asset & Wealth Management, External Investing Group (XIG) - Vintage, Fund Formation, Deal Negotiation and Syndication, Associate

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 $3.14 trillion in assets under supervision globally, 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.

The External Investing Group (“XIG”) provides investors with investment and advisory 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. 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 $300 billion of alternative investments, public equity strategies and fixed income strategies.

Responsibilities

• Unique opportunity for a legal analyst, paralegal or attorney to join the Vintage team in a non-legal role to work on fund formations/bespoke mandates/deal contracts
• Working with GS functional teams (legal, tax, controllers, operations) on fund and deal structuring
• Reviewing offering documents (PPMs, LPAs, etc.) and other ancillary documents for commingled fund offerings and separately managed accounts.
• Liaise with clients and product teams on execution of mandates
• Managing side letter negotiations
• Partnering with operational teams on day to day fund and deal management
• Reviewing purchase and sale contracts and transfer agreements related to secondary private equity fund transactions.
• Managing deal syndication process with our investors
• Serving as a resource to Vintage team on general fund and deal matters
  
  

Qualifications

• The ideal candidate would have experience reviewing and negotiating legal contracts with a focus on private equity fund formation or deal documents
• Experience with private equity funds is preferred (but not required)
  
  

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

The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Salary Range

The expected base salary for this New York, New York, United States-based position is $100000-$170000. 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 .

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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