Goldman Sachs AIMS seeks PE hire amid secondaries fundraise

Goldman Sachs Asset Management is looking to raise as much as $7bn for its eighth flagship secondaries fund.

Goldman Sachs Alternative Investments and Manager Selection Group is looking to hire a private equity vice-president focused on secondaries.

The AIMS group provides investment and advisory solutions across private equity, real estate and fixed income strategies for Goldman Sachs Asset Management, which is seeking as much as $7 billion for its latest secondaries vehicle Vintage Fund VIII, as Secondaries Investor reported last year.

Applicants for the position should have a minimum of five years in corporate finance, M&A or private equity.

Main responsibilities for the role include conducting due diligence and evaluating secondaries private equity transactions, with a specific focus on asset-level valuation within portfolios; co-investment opportunities across a broad range of private equity deal types and sectors; and private equity managers for consideration as part of fund of funds and or separate account mandates, according to the job posting.

Goldman made a number of high-profile deals last year. In April it teamed up with Coller Capital on a €1.5 billion GP-led process on Nordic Capital’s Fund VII, and in July bought around $1.7 billion of private equity stakes from Government of Singapore Investment Corporation. In October it partnered with Landmark Partners in backing a single-asset restructuring on TDR Capital‘s 2007-vintage €2.1 billion TDR Capital II.

The AIMS Group invests and advises on over $150 billion of alternatives investments, public equity strategies and fixed income strategies.