Asset Management Division, Alternative Investments & Manager Selection Group, Hedge Fund Strategies, VP

Location(s) UK-MDDSX-London
Job ID
2021-82762
Schedule Type
Full Time
Level
Vice President
Function(s)
Investment Management
Region
EMEA
Division
Asset Management
Business Unit
Public Mkts Inv/Portfolio Mgmt
Employment Type
Employee

MORE ABOUT THIS JOB

A career with Goldman Sachs Asset 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 Management provides clients around the world with a dedicated partnership and focus on long-term performance. As 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.

RESPONSIBILITIES AND QUALIFICATIONS

 

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 $300 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.

The AIMS Hedge Fund Strategies Group is seeking a Vice President for the Investment Team.

The candidate should be a highly motivated team player who would actively contribute to the manager selection and ongoing monitoring process of hedge funds. This process involves working with other members of the team to evaluate hedge fund strategies, compose detailed research, and present those views to portfolio managers and the Investment Committee. Informing this analysis are ongoing interactions with hedge fund managers, including onsite meetings and calls with the portfolio managers and their research teams. The candidate will focus on both the traditional hedge fund space and the liquid alternatives space.  The candidate would also support various research initiatives and projects across the AIMS team.

 

Principal Responsibilities:

  • Actively lead and participate in due diligence visits and calls with portfolio managers and research analysts as part of the manager selection process for the external manager platform.
  • Drive the evaluation of potential and existing investments to present to portfolio managers and the Investment Committee for review and consideration.
  • Conduct comprehensive quantitative analysis and research on managers in multiple asset classes.
  • Facilitate and complete a variety of research tasks, including conducting written surveys, analyzing peer groups, and writing manager review memorandums and commentaries.
  • Conduct quantitative and qualitative analysis to assess the opportunity set and key risks for various hedge fund strategies over time to help inform portfolio management decisions.
  • Drive the sourcing of new ideas for hedge fund portfolios, with an additional responsibility for sourcing ideas in the liquid alternatives space.
  • Coach and develop more junior team members in all of the above.
  • In all of these activities, the Vice President works in conjunction with the AIMS Investment teams, our Analytics & Reporting group, Product Management, Risk Management, Legal, Compliance and Technology.

 

Skills and Experience we are Looking for

  • At least five years of professional experience, including relevant experience in hedge fund manager selection.
  • Strong intellectual curiosity and a passion for investing.
  • Demonstrated orientation toward and interest in understanding financial markets and investment management.
  • Strong quantitative and technical skills.
  • Strong verbal and written communication skills.
  • Demonstrated capacity to learn and develop broad expertise, including working knowledge of: alternative investment strategies; the financial instruments employed globally therein; valuation approaches across securities and derivatives. Experience in any relevant aspect is a plus, but not required.
  • Strong attention to detail. Ability to work in a fast-paced and dynamic environment.
  • Strong project planning, organization, and time management skills.
  • Strong sense of accountability and dedication to continuous improvement.

 

 

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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