AMD, Goldman Sachs Asset Management, Hedge Funds, Associate

Location(s) US-NY-New York
Job ID
2021-74386
Schedule Type
Full Time
Level
Associate
Function(s)
Investment Management
Region
Americas
Division
Asset Management
Business Unit
AIMS Public Markets Invmt Team
Employment Type
Employee

MORE ABOUT THIS JOB

GSAM

Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies.  We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

 

AIMS

The Alternative Investments & Manager Selection (“AIMS”) Group 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, the AIMS Group helps institutional and individual investors with their program design, manager diligence, portfolio construction and risk management.  The investment solutions in AIMS have a long history and our programs have seeded and partnered with many of the world's most prominent alternative investment managers.

 

Today, AIMS oversees over $275 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.

RESPONSIBILITIES AND QUALIFICATIONS

The AIMS public markets investment team evaluates external hedge fund, long only equity, public fixed income, and credit managers across a range of geographies and investment styles. Investments include equity long/short, event driven, tactical trading, relative value, systematic, US equity, global equity, fixed income, and distressed and private credit strategies. The team's evaluation involves performing quantitative and qualitative analysis and subsequently presenting investment views to the team's Investment Committee. The team is also actively involved in the portfolio construction and risk management process for client portfolios.

 

Responsibilities:

 

  • Participate in the manager selection process, including due diligence visits and calls with new and existing hedge fund portfolio managers and research analysts
  • Analyze strategies and sectors of the hedge fund universe to understand key themes and trends and inform relative manager views
  • Develop relationships with hedge funds and industry participants to inform the due diligence process
  • Work wit in smaller teams to prepare investment memorandums and present recommendations to the team's Investment Committee
  • Write research and commentary on manager-level and industry-level performance and related topics
  • Contribute to a range of AIMS group-wide initiatives including various research publications, client-related activities, and other business development initiatives
  • For all of these activities, work in conjunction with the other areas of the AIMS group and broader Firm, including the Client Portfolio Solutions, Risk Management & Analytics, Risk Management, Legal, Compliance, and Technology teams

 

Qualifications:

 

  • Ability to work effectively as part of a team in a fast-paced, dynamic environment
  • Demonstrated orientation toward and interest in understanding financial markets and investment management
  • Exceptional analytical and quantitative abilities, including a high le! vel of proficiency in market data applications such as Microsoft Excel
  • Strong written and verbal communication skills
  • Sense of accountability and dedication to continuous professional improvement
  • Aptitude to manage multiple tasks by demonstrating project planning, organization, and time management skills
  • Ideally 4-6 years of experience

ABOUT GOLDMAN SACHS

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



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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity