Goldman Sachs & Co. AMD Private Credit, Opportunistic Investing Platform, NY, Associate in New York, New York
MORE ABOUT THIS JOB
We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Merchant Banking operates on a global platform and our team works in a fast-paced, exciting environment. We look for individuals with versatile skills and a passion for investing.
RESPONSIBILITIES AND QUALIFICATIONS
AMD Private Credit is one of the world’s largest alternative credit investing platforms with approximately $75bn of AUM and investment professionals based in the US, Europe, Asia and Australia. The business encompasses both private side investing across performing and opportunistic credit.
AMD Private Credit is a dynamic platform with significant cross-pollination across strategies – direct lending (middle market and large cap performing credit), opportunistic and structured credit. Associates work as part of small deal teams responsible for identifying, diligencing, structuring, executing and monitoring investments, and are involved in a wide variety of high profile transactions across the capital structure in a variety of industries.
Importantly, many of the current AMD Private Credit investment professionals entered the group through the associate program. As such, the Credit associate role is viewed not as a traditional buy-side “two-years-and-out” associate program, but rather as the primary entry point for an upward trajectory career path within AMD.
The Opportunistic Investing platform is focused on directly originated, structurally protected investments for companies facing idiosyncratic complexities that challenge traditional financing sources, including stress/distress or other unique circumstances and companies seeking alternatives to private equity, cost of capital optimization or more flexibility than traditional debt. An “all seasons” strategy focused on investing in all market conditions and has ability to invest across the capital structure (including both debt and equity). The Opportunistic platform invests primarily third party capital through flagship fund West Street Strategic Solutions I, which is a $14bn vehicle, and the GS balance sheet.
Originating investment ideas across the product suite of Credit via early engagement with relevant parties (e.g., financial sponsors / company management teams for the private-side investing platforms)
Engaging in all aspects of due diligence and business analysis to develop and refine investment theses (with a focus on financial modeling)
Participating in structuring, negotiating and documenting investments
Communicating and defending investment theses to internal stakeholders and committees, including relevant AMD and firmwide Investment Committees
Actively monitoring existing investments in the portfolio
Building relationships with sponsors, management teams and internal GS stakeholders
2-4 years of investment banking or investing experience
Strong quantitative, financial modeling, analytical and problem-solving skills
Passion for investing with specific interest in credit / other structured products
Excellent verbal and written communication skills
Flexible and creative mindset; ability to analyze a variety of industries and businesses
Ability to self-direct, analyze and evaluate and form independent judgments
Ability to interact and build relationships with a wide variety of people
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
© The Goldman Sachs Group, Inc., 2021. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Job ID 2021-70977
Schedule Type Full Time
Division Asset Management
Business UnitCFO Team
Employment Type Employee