Goldman Principal Investing / Alternatives

Does anyone have latest information on how this group is broken down (by asset class, sector, region etc)? For example it seems like they have a dedicated renewables investment platform now?

I know they've recently restructured the alternative investments division. Any info would be greatly appreciated.

 

Used to be housed in Securities division as SSG and had multiple groups (MSI, PCI, Real Assets, Asset-Based, Renewables/Alternative Energy) with MSI being arguably the most famous group. Later in 2019 got merged with MBD, bunch of the group heads left (Oneglia left for BX GSO distressed), and as SSG (investing GS' own balance sheet capital) has always faced a ton of regulation and restrictions with an annoying investment committee process to go through (imagine the risk aversion caused by 1MDB scandal), the group just isn't as prestigious as it used to be. But it used to send kids from MSI and occasionally PCI to the the absolute top equity and credit funds (think Viking, Tiger, Baupost, DK, KS, etc) with some leaving within a year of joining as full-time analysts (lol) straight out of target undergrad schools.

 
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Used to be housed in Securities division as SSG and had multiple groups (MSI, PCI, Real Assets, Asset-Based, Renewables/Alternative Energy) with MSI being arguably the most famous group. Later in 2019 got merged with MBD, bunch of the group heads left (Oneglia left for BX GSO distressed), and as SSG (investing GS' own balance sheet capital) has always faced a ton of regulation and restrictions with an annoying investment committee process to go through (imagine the risk aversion caused by 1MDB scandal), the group just isn't as prestigious as it used to be. But it used to send kids from MSI and occasionally PCI to the the absolute top equity and credit funds (think Viking, Tiger, Baupost, DK, KS, etc) with some leaving within a year of joining as full-time analysts (lol) straight out of target undergrad schools.

So if I understand correctly it is now all under merchant banking with the same sub groups in existence, and the major change is in people leaving and optically (name of group and division it’s housed under) vs actual structure of the groups themselves?

Does MSI still exist but housed within MBD now / any change to the investment strategy overall (apart from less risk appetite potentially?)

 

MSI still exists and it is housed under MBD, yes. Don't know the answer to the latter part of your question. Source: interviewed for one of the SSG / MBD groups, networked with others

 

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