Asset & Wealth Management, External Investing Group (XIG), Alternatives Capital Formation - Hedge Fund, Analyst, Hong Kong

About Goldman Sachs

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.

External Investing Group (XIG)

XIG provides investors with investment solutions across leading hedge fund managers, private equity funds, real estate managers, public equity strategies, and fixed income strategies. XIG manages globally diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Our investors access opportunities through new fund commitments, fund-of-fund investments, strategic partnerships, secondary-market investments, co-investments, and seed-capital investments. With over 400 professionals across 11 offices, XIG provides manager diligence, portfolio construction, risk management, and liquidity solutions to investors, drawing on Goldman Sachs’ market insights and risk management expertise. We extend these capabilities to sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, and family offices, investing or advising on over $500 billion of alternative investments, public equity strategies, and fixed income strategies.

XIG Hedge Funds

The XIG hedge fund team sources, examines, and invests in leading external hedge fund managers. The team has been active since 1969 and manages over $32 billion across hedge fund portfolios, customized solutions, and advisory relationships. Strategies include fundamental equity long/short, credit, event-driven, macro, CTAs, multi-strategy, and quantitative funds. Investors include public and corporate pensions, financial institutions, endowments, foundations, and high net worth individuals. The group maintains deep, longstanding relationships with institutional hedge fund investors and benefits from Goldman Sachs’ relationships with ultra-high-net-worth individuals. Our hedge fund portfolios have a long history dating back to 1969, making us one of the most experienced hedge fund advisors in the industry.

Alternatives Capital Formation (ACF)

ACF manages capital raising and strategy for alternative investments including private equity, private credit, real estate, infrastructure, growth equity, sustainability, secondaries, GP stakes, and hedge funds / liquid alternatives. Within ACF, team members work within product verticals and collaborate across strategies to identify portfolio-wide solutions. They partner with other teams within ACF and across CSG, investing teams, and wealth management teams. Professional development initiatives provide opportunities to enhance expertise across alternative investment products and to sharpen market knowledge from industry experts investing across the Firm. This specific ACF role sits with XIG, focused on hedge funds.

Responsibilities

• As a junior product specialist, assist senior team members in driving commercial strategy, capital formation, and client engagement. Support the launch, management, and ongoing business development for various funds/products across regions and client channels.
• Support content development for client and prospect presentations, internal governance, RFPs, and other investment-related analyses.
• Prepare regular quantitative and qualitative market views and platform offerings.
• Support the XIG ACF team’s broader initiatives to enhance client service, data efficiency, and infrastructure development.

Qualifications

• 1–3 years in a similar or related role.
• Interest in capital formation and business development.
• Strong interest in capital markets, asset management, and understanding of alternative investments.
• Excellent analytical, presentation, communication, and interpersonal skills.
• Strong organizational skills to manage a high volume of quality work within tight timeframes, often across multiple projects.
• Attention to detail and a track record of delivering high accuracy.
• Proficiency in Excel, PowerPoint, and Word, with adaptability to other software tools.
• Strong communication skills with the ability to convey ideas effectively.
• Fluency in English; Chinese language skills (Mandarin and Cantonese) are a strong plus.

About Goldman Sachs

At Goldman Sachs, we commit our people, capital, and ideas to help our clients, shareholders, and communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities, and investment management firm. We are headquartered in New York and maintain offices around the world.

We believe who you are makes you better at what you do. We are committed to fostering and advancing diversity and inclusion by ensuring every individual has opportunities to grow professionally and personally, through training, development opportunities, firmwide networks, benefits, wellness programs, personal finance offerings, and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We strive to accommodate 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., 2026. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.

Asset & Wealth Management, External Investing Group (XIG), Alternatives Capital Formation - Hedge Fund, Analyst, Hong Kong