AWM, External Investing Group, Early-Stage Capital, Investment Associate

Role Overview Goldman Sachs Asset & Wealth Management (AWM) is hiring an Investment Associate for its External Investing Group (XIG), joining the growing Early-Stage Capital team in San Francisco. XIG identifies, researches, and selects leading third-party investment managers, providing institutional and individual investors with advisory and investment solutions across private equity funds, co-investment strategies, secondaries, hedge fund managers, GP stakes, and real estate managers. XIG has over 350 professionals across 11 offices globally. Key Responsibilities Drive due diligence for direct investments and fund commitments Build financial analyses, waterfall models, and internal investment memos Research market trends and develop industry perspectives through sector reports Proactively source new early-stage investment opportunities Analyze, monitor, and manage current portfolio holdings Attend industry conferences and build relationships with GPs and portfolio companies Support operational activities across the deal team Qualifications BA/BS from a leading undergraduate institution 2-3+ years of experience in investment banking, management consulting, venture capital, or private equity Strong research and analytical skills, including Excel and PowerPoint proficiency Genuine curiosity about technology trends, products, and business models Location: San Francisco, CA · Full-time This role sits within one of the world's largest asset managers — AWM oversees more than $2 trillion in assets under supervision, including a Private Markets and Alternatives platform. #J-18808-Ljbffr InforCapital