Goldman Sachs Alternatives – Hybrid Capital Investing - Associate – London

Location
London
Hours
Full Time
Salary
Negotiable
About the Role
Goldman Sachs Asset Management is one of the world’s leading asset managers with over $3 trillion in assets under supervision. As the 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. Hybrid Capital provides flexible solutions for businesses seeking non-control alternatives to traditional private equity or greater flexibility than traditional debt. We principally deploy the West Street Strategic Solutions Fund, now in its second vintage after the success of Fund I ($14bn). Associates work as part of small deal teams in a wide range of high profile transactions across the capital structure ranging from secured debt to minority common equity. The role is highly analytical with emphasis on fundamental valuation, financial modelling, analysis of financial accounts, and legal documentation. The work is deal-focused and dynamic, bringing exposure to a wide range of businesses, industries, geographies, investment structures and products as well as advisors and management teams.
Responsibilities
Engage in all aspects of due diligence and business analysis including financial modelling and analysis, fundamental valuation, market research, and competition analysis to develop and refine investment theses. Participate in structuring, negotiating and documenting investments. Communicate and defend investment theses to internal stakeholders and committees, including Asset Management and Firm-wide Investment Committees. Actively monitor existing investments in the portfolio. Originate investment ideas via early engagement with relevant parties such as financial sponsors, company management teams, and founders. Build relationships with sponsors, management teams and internal Goldman Sachs stakeholders.
Experience
4 to 5 years of experience in Investment Banking or Principal Investing. Prior work experience in private equity or private credit is a plus. Strong academic record with a Bachelor’s degree, Master’s degree or equivalent in Finance, Economics, Business Studies, Industrial Engineering or a related discipline from a distinguished academic institution.
About you
Strong quantitative, financial modelling, analytical and problem-solving skills. Passion for investing with an interest in complex credit and equity investments. Flexible and creative mindset with the ability to analyze a variety of industries and businesses. Confident verbal and written communication and interpersonal skills. Solid work ethic and high levels of motivation. Ability to self-direct, analyze, evaluate and form independent judgments. Excellent organizational skills and attention to detail.
Qualifications
Excellent MS Excel skills and knowledge of MS PowerPoint. Fluency in one or more of French, German, Italian or Spanish is an advantage.
Goldman Sachs










