Senior Associate, Private Equity
About the job:
Goldman Sachs, are currently recruiting in their Private Equity Team in Paris. This offers fantastic opportunity to join a high performing team in a role that includes sourcing and reviewing potential investment prospects with a primary focus on France-based opportunities. Developing and promoting investment theses, participating in the monitoring of new and existing portfolio investments, creating trustful and solid relationships with management teams and partners at portfolio companies.
You will be working as part of an international team of professionals across European and Global Offices, delivering advice and identifying opportunities that shape clients’ portfolios & long-term investment goals and implementing investing ideas and monitoring portfolio positions.
Clients are at the center of what they do and they require a team behind them that has a passion for investing, risk management experience and ability to understand unique clients’ needs.
Divisions and Job Functions
Asset Management Division provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. Goldman Sachs help their clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. They 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. The Asset Management Division also invests in corporate equity and corporate debt, real estate equity, and real estate debt and infrastructure worldwide. Additionally, they provide asset management services to investments where Goldman Sachs has an interest. Consisting of hundreds of professionals in multiple offices around the world, their business operates on a global platform.
Fundamental Equity conducts original, bottom-up research across a broad range of capitalizations and styles, spanning global developed and emerging markets. This team utilizes growth equity, value equity, global equity and real estate securities strategies.
Fixed Income seeks to uncover opportunities across borders and in under-researched markets. They use independent specialist teams for bottom-up and top-down decisions, and for generating strategies within their areas of expertise. The Fixed income team includes money market products, central funding and liquidity management businesses
Alternative Investments & Manager Selection (AIMS) provides investors with investment and advisory solutions, across leading hedge fund managers, private equity funds, real estate managers, public equity strategies fixed income strategies and environmental, social and governance integrated and impact investments. The AIMS Group manages globally diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Their investors access opportunities through new fund commitments, fund-of-fund investments, strategic partnerships, secondary market investments, co-investments, and seed-capital investments.
Global Portfolio Solutions is a leading provider of multi-asset class investment solutions tailored to the specific needs and objectives of institutional clients. With professionals located around the world focused on investment and services, the team performs research, develops market insights, implements and manages multi-asset allocation strategies including tactical investment decisions and the specific application of risk management strategies and processes.
Goldman Sachs Investment Partners Venture Capital and Growth Equity pursues minority stake investments in private companies at all stages including venture, expansion stage growth and more mature, pre-IPO companies. The team seeks to back visionary entrepreneurs building technology-enabled businesses where Goldman Sachs can be a value-add partner.
Credit Alternatives is an investing platform that manages approximately $13bn of total capital. The team utilizes a bottom-up, fundamentally based investment approach seeking to provide investors with access to fixed income like strategies that are in non-traditional form and generate differentiated sources of yield for investors over the long-term. The team’s current investment strategies include Private Middle Market Credit and Renewable Power. Private Middle Market Credit is a direct origination strategy focused on lending to U.S. middle-market companies. Renewable Power is focused on owning and operating renewable power assets. On behalf of clients, the team manages a range of commingled funds (including a publicly listed business development company (NYSE: GSBD), separate accounts and a private yieldco (Goldman Sachs Renewable Power LLC).
Equity Investing team invests in private equity, infrastructure as well as growth stage and technology companies. The group invests across a broad range of industries in the Americas, Europe and Asia seeking to maximize investment value through financial and operational value creation. MBD seeks long-term capital appreciation by committing equity to high quality companies with strong management. They seek to generate superior returns in a variety of situations, including leveraged buy-outs, recapitalizations, growth investments and stressed/distressed investments across a range of industries and geographies.
Credit Investing associates work as part of small deal teams responsible for identifying, structuring, executing and monitoring corporate debt investments. Associates are involved in a wide range of high profile transactions across the capital structure and in a variety of industries in support of transactions that include leveraged buy-outs, take privates, add-on acquisitions and recapitalizations
Real Estate team supports real estate investing across multiple product types across the US. This includes sourcing, underwriting and due diligence, acquisitions, asset management, construction and development oversight, financings and dispositions for the firm's real estate investments.
Infrastructure manages three funds that invest globally in infrastructure opportunities in sectors such as energy, telecommunications and transportation. They seek to identify investment opportunities with potential for operational value creation and have developed an active approach to asset management
Alternatives Capital Markets & Strategy (ACMS) is a firmwide group established in 2019 to oversee all institutional capital markets, capital raising, and strategy for alternative investments throughout Goldman Sachs. Engaging with both Goldman Sachs’ proprietary direct-investing programs and external managers’ open-architecture strategies, the ACMS Group centrally manages capital raising for all alternatives products and portfolio solutions for all institutional investors in alternatives, across private equity, credit, real estate, infrastructure, growth equity, secondaries, GP stakes, impact investing, and absolute-return strategies.
Executive Office Division is comprised of diverse businesses directly related to their corporate strategy, culture and brand. It includes corporate communications (internal communications, media relations and brand and content strategy), investor relations, government affairs, environmental markets and the office of corporate engagement. Their stakeholders include employees, shareholders, the media, policy makers, alumni and the general public.
Firmwide Strategy reports to the firm’s Chief Strategy Officer, who is an ex-officio member of Management Committee and work with the Executive Office and senior divisional and business unit management to set and execute key strategic priorities for the firm. They develop, evaluate, and execute plans for new businesses and growth initiatives and leads strategic transactions, including joint ventures, acquisitions, and dispositions, on behalf of the firm.
Investor Relations works closely with Goldman Sachs senior management to shape the firm’s external messaging for research analysts, debt and equity investors, proxy advisory firms, rating agencies and credit counterparts. This is a unique position that allows candidates to develop an Investment Banking valuation and modelling skill-set and Securities Division market perspective while gaining exposure to senior management, rating agencies, research analysts and key investors. Candidates will work directly with all members of the group across their debt and equity, corporate governance and rating agency teams
Investment Banking Division works on some of the most complex financial challenges and transactions in the market today. Whether advising on a merger, providing financial solutions for an acquisition, or structuring an initial public offering, they handle projects that help clients at major milestones. They work with corporations, pension funds, financial sponsors, and governments and are team of strong analytical thinkers, who have a passion for producing out-of-the-box ideas
Industry Group Coverage Banking works in developed and emerging markets worldwide to deliver banking services for a wide range of industries. Their team approach to client service enables their bankers to play an important role in building relationships and executing transactions. Classic investment bankers have expertise advising clients across industries, regions and products. Teams are organized by industry group, including Consumer Retail Group, Financial Institutions Group, Financial and Strategic Investors Group, Healthcare, Industrials, Natural Resources, Real Estate, and Technology, Media and Telecom, as well as by region, country and company size as part of the Cross Markets Group.
Financing Group Coverage Banking sits within a dynamic, market-driven environment, their teams work closely with corporate clients, pension funds, financial sponsors and governments to structure and execute some of the largest and most complex financing and risk management solutions across the full product spectrum, including equity, debt and derivatives. To achieve this goal, the Financing Group comprises all Goldman Sachs’ capital markets departments, and operates on close cooperation with other areas of Investment Banking and other divisions within the firm, including Fixed Income, Currency and Commodities and Equities. Teams are organized by product group including Leveraged Finance, Equity Capital Markets, Investment Grade, Structured Finance, Corporate Derivatives, Public Sector & Infrastructure and Emerging Markets.
3+ years of prior work experience in a relevant field.
Proficient to advanced skills with MS Office (Excel, PowerPoint, Word, Outlook)
Highly organized with exceptional attention to detail and follow-through
Strong ability to manage multiple projects with competing deadlines
Team player with positive attitude and strong work ethic
Strong communication skills (written and verbal)
Ability to work in a fast-paced environment
Ability to adapt quickly to a variety of industries and businesses
Ability to self-direct, analyze and evaluate and form independent judgments
Ability to effectively interact and build relationships with senior management and global stakeholders
Commercially savvy with ability to exercise discretion with respect to highly confidential/sensitive information
Integrity, ethical standards and sound udgment
Diversity, Equity & Inclusion
At Goldman Sachs, they commit their people, capital and ideas to help their clients, shareholders and the communities they serve to grow. Founded in 1869, they are a leading global investment banking, securities and investment management firm. Headquartered in New York, they maintain offices around the world.
They believe who you are makes you better at what you do. They're committed to fostering and advancing diversity and inclusion in their own workplace and beyond by ensuring every individual within their firm has a number of opportunities to grow professionally and personally, from their training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about their culture, benefits, and people at GS.com/careers.
They're committed to finding reasonable accommodations for candidates with special needs or disabilities during their recruiting process.
Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html