Asset & Wealth Management, External Investing Group (XIG) - Private Alternatives Investment, Analyst, Hong Kong/Shanghai

Asset & Wealth Management – External Investing Group (XIG) – Private Alternatives Investment, Analyst, Hong Kong

Asset Management

A career with Goldman Sachs Asset Management is an opportunity to help clients across the globe realize their potential while you develop your own. As part of one of the world’s leading asset managers with over $2 trillion in assets under supervision, you will participate in exciting investment opportunities, collaborate with colleagues from all asset classes and regions, and build meaningful relationships with clients. Working in a culture that values integrity and transparency, you will be part of a diverse team passionate about our craft, our clients, and sustainable long‑term performance. Goldman Sachs Asset Management brings together traditional and alternative investments to provide clients with a dedicated partnership and focus on long-term performance, including investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.

External Investing Group (XIG)

The External Investing Group (XIG) identifies, researches and selects leading third-party investment managers. The group provides investors with investment solutions across private equity funds, co-investment strategies, secondaries, hedge funds, GP stakes, real estate managers, public equity and fixed income strategies.

With over 400 professionals across 12 offices globally, XIG assists institutional and individual investors with program design, manager and deal diligence, portfolio construction and risk management. The investment solutions in XIG have a long history, and our programs have seeded and partnered with many of the world’s most prominent alternative investment managers.

Today, XIG oversees over $500 billion in client assets across customized and commingled fund solutions as part of one of the world’s broadest, deepest and longest‑standing open architecture programs. We manage globally diversified programs, targeted sector‑specific strategies, customized portfolios, and a range of advisory services. Investors generally access opportunities through new fund commitments, secondary market investments, co‑investments, seed capital investments, investment manager equity/revenue share stakes, or fund-of-fund solutions.

Responsibilities

• Conduct due diligence and evaluate private equity opportunities; secondary private equity transactions with a focus on asset‑level valuation within portfolios or continuation vehicles; primary fund commitments for various private market strategies; co‑investment opportunities across deal types and sectors
• Support the deal team on direct investment opportunities (single asset secondaries, co‑investments) by evaluating financial, legal and commercial due diligence materials and building operating and buyout models across asset classes; meet with management and GPs
• Perform due diligence on private market fund managers across Asia-Pacific, assessing the quality of investment teams, strategies, alignment and track record
• Present investment opportunities to the Investment Committee through written and oral presentations, and conduct required follow‑ups
• Coordinate the execution of investments across all deal types, working with internal (e.g., counsel, compliance, cash management) and external parties (e.g., private equity managers, external counsel)
• Monitor the performance and risk profile of existing portfolio investments

Qualifications

• 1–3 years of experience in Corporate Finance/M&A/Leverage Finance/Private Equity/Other Private Markets Investing in Asia‑Pacific; position will be commensurate with experience
• Proven academic performance with a degree from a top university; MBA a plus for more senior positions
• Excellent modeling, analytical, communication and interpersonal skills
• Strong organizational skills to oversee a high volume of quality work within tight timeframes, often with multiple simultaneous projects
• Attention to detail and a track record of delivering high accuracy
• Team player, self-motivated, and willing to take on responsibility
• Knowledge of Excel, PowerPoint and Word; ability to adapt to other software products
• Written and verbal communication skills in English; a second language (Japanese, Korean, Mandarin, etc.) strongly preferred

About Goldman Sachs

Goldman Sachs commits its people, capital and ideas to help clients, shareholders and communities grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices worldwide.

We believe who you are makes you better at what you do. We are committed to fostering and advancing diversity and inclusion, providing opportunities to grow professionally and personally through training, development programs, firmwide networks, and a range of benefits and wellness offerings. 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., 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, veterans status, disability, or any other characteristic protected by applicable law.