Investing & Portfolio Management - Public
Goldman Sachs Bank AG, New York, New York, us, 10261
Overview
Asset & Wealth Management, External Investing Group (XIG), Vintage Strategies, Vice President - New York location_on New York, New York, United States
Opportunity Overview CORPORATE TITLE Vice President language OFFICE LOCATION(S) New York assignment JOB FUNCTION Investing & Portfolio Management - Public account_balance DIVISION Asset & Wealth Management monetization_on SALARY RANGE USD 125,000 - 290,000
Vintage Strategies - Vice President
The Vintage Platform is Goldman Sachs Asset Management’s dedicated secondary investing platform that sits within the External Investing Group or XIG. The Vintage Funds, which provide liquidity solutions to private market limited partner investors and sponsors / 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 $85bn across more than 750 secondary transactions. The private equity team recently completed investing Vintage IX, a $14.2 billion diversified secondaries fund, and is currently raising Vintage X with a target of $15 billion. The team operates primarily from offices in New York, London, Hong Kong, Singapore, Salt Lake City, San Francisco and West Palm Beach.
Lead and conduct due diligence to evaluate transactions across private equity and credit deal types that the Vintage Platform focuses on:
Continuation vehicle and other single company private equity secondary investments (e.g., minority equity), with a focus on fundamental company-level due diligence, valuation, negotiation, transaction structuring, and post-investment value-add in partnership with controlling private equity sponsors
Limited Partner (LP) secondary 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
Portfolio finance transactions, involving lending and structured asset-backed liquidity solutions for Limited Partners (backed by funds), private equity sponsors (backed by portfolio companies, or asset management company revenue streams), and other owners of private assets, such as family offices and corporates
Credit secondary transactions, including the acquisition of direct and indirect portfolios of private credit and strategic transactions with credit asset managers.
Drive investment committee materials and present investment opportunities to the Investment Committee through written and oral presentations, and conduct thoughtful follow-up analysis
Support vertical- wide initiatives through team development, relationship development and transaction sourcing
Over time, develop domain expertise in certain key sectors or transaction types
Requirements
Minimum of 5 years of experience in investing roles: Private Equity, Private Credit, Secondaries and other principal investment strategies OR advisory roles: Investment Banking or Management Consulting
Excellent investment judgment and outstanding numerical, analytical and valuation skills for the purpose of assessing investment opportunities
Knowledge of key methodologies to analyse business models, competitive advantages and threats, and private equity value creation levers
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
Benefits Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
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Opportunity Overview CORPORATE TITLE Vice President language OFFICE LOCATION(S) New York assignment JOB FUNCTION Investing & Portfolio Management - Public account_balance DIVISION Asset & Wealth Management monetization_on SALARY RANGE USD 125,000 - 290,000
Vintage Strategies - Vice President
The Vintage Platform is Goldman Sachs Asset Management’s dedicated secondary investing platform that sits within the External Investing Group or XIG. The Vintage Funds, which provide liquidity solutions to private market limited partner investors and sponsors / 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 $85bn across more than 750 secondary transactions. The private equity team recently completed investing Vintage IX, a $14.2 billion diversified secondaries fund, and is currently raising Vintage X with a target of $15 billion. The team operates primarily from offices in New York, London, Hong Kong, Singapore, Salt Lake City, San Francisco and West Palm Beach.
Lead and conduct due diligence to evaluate transactions across private equity and credit deal types that the Vintage Platform focuses on:
Continuation vehicle and other single company private equity secondary investments (e.g., minority equity), with a focus on fundamental company-level due diligence, valuation, negotiation, transaction structuring, and post-investment value-add in partnership with controlling private equity sponsors
Limited Partner (LP) secondary 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
Portfolio finance transactions, involving lending and structured asset-backed liquidity solutions for Limited Partners (backed by funds), private equity sponsors (backed by portfolio companies, or asset management company revenue streams), and other owners of private assets, such as family offices and corporates
Credit secondary transactions, including the acquisition of direct and indirect portfolios of private credit and strategic transactions with credit asset managers.
Drive investment committee materials and present investment opportunities to the Investment Committee through written and oral presentations, and conduct thoughtful follow-up analysis
Support vertical- wide initiatives through team development, relationship development and transaction sourcing
Over time, develop domain expertise in certain key sectors or transaction types
Requirements
Minimum of 5 years of experience in investing roles: Private Equity, Private Credit, Secondaries and other principal investment strategies OR advisory roles: Investment Banking or Management Consulting
Excellent investment judgment and outstanding numerical, analytical and valuation skills for the purpose of assessing investment opportunities
Knowledge of key methodologies to analyse business models, competitive advantages and threats, and private equity value creation levers
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
Benefits Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr