Goldman Sachs Principal Investment Area (GS PIA) Interview

Hello monkeys,

Does anyone have some information about GS PIA interviews for intern positions? I.e. questions asked, number of rounds, number of people, possible case study?

Also, do you know where I could find the deals done by GS PIA except on their website?

Thanks a lot for your answers!

 
Best Response

I interviewed with Goldman real estate PIA; there were two rounds. My experience was probably unusual because the interviews were almost all fit, which could stem from the fact that it was a real estate group - pretty specialized. There were two rounds - one on campus and then a super day with four interviews and a lunch.

You will have to be lucky to find any deals done by PIA - they act like a private equity group, so there won't be much coverage unless the deal is particularly large. I'd focus much more on preparing your response to "why do you want to work in this division of PIA," but that's just my experience.

Hope this helps.

UT-Austin (founder of USIT) --> Goldman Special Sits --> PE startup founder (Nextvest)
 

Similar experience to powers99 with two rounds of interviews. My second round super day consisted of four 2-on-1 interviews, mainly fit questions. Best recommendation is to be yourself, be honest about all experiences (they will dig deep into everything you say), and have a memorable story for why you want to do PIA.

Vincent Van Gogh - Everyone said to him, "You can't be a great painter, you only have one ear." And you know what he said? "I can't hear you."
 

They interns were prob not stellar (still very good) - those groups tend to only offer FT to the best of the best... typically only giving out a few SA offers, surprise to hear almost 10 - though it was London... in NYC, almost impossible to secure a SA from PIA.

 
James07:
They interns were prob not stellar (still very good) - those groups tend to only offer FT to the best of the best... typically only giving out a few SA offers, surprise to hear almost 10 - though it was London... in NYC, almost impossible to secure a SA from PIA.

they offered 4 jobs in IBD out of the 10 SA in PIA. They didn't open a grad program this year (at least in London). Teams are too big for the deal flow and I guess they were worried with the future of PIA at GS (Volcker regulations)

 

Does anyone know if GS PIA (any industry group) has any other locations besides NYC like Los Angeles or SanFran? I believe PIA (from their website) has a tech venture fund in SF but no other mention of anything on the west coast.

Thanks for the help!

 

Thanks for your post, wilsonjones.

This opportunity is for graduating UGs.

Even if you interviewed for an associate position, any insights you could share would be immensely appreciated.

 

It's GS Real Estate Principal Investment Area (Real Estate PE Arm of GS) for any readers who do not know what REPIA is.

--Search the site because the same things apply. Know some recent Real Estate transactions, how you value land, what do you look for in RE investing, ect. I can't imagine it would get to technical, but you should at least know the background of RE investing and what to look for/not look for in a deal. What are some of the risks associated with RE?

Other than that, focus on having good answers to the fit questions. Just relax and talk to the interviewer like a person/friend.

Good luck and Congrats.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

there are a ton of websites devoted to PERE specifically. alot of them require subscriptions so you'll have to get creative (google cache works for some)..

there are professional services (preqin, etc) if you have access..

find out how the markets performing.. deal flow.. who are the main players? look up RE research (JLL, colliers, etc) technical stuff like gekko mentioned would be great too..

ambition is a state of permanent dissatisfaction with the present.
 

Wow thanks for the great advice guys. I've been out of the recruiting grind for a while and have forgotten most of the common resources (read: Google).

Any other tips or advice from previous REPIA interviewers would help a great deal.

Thanks!

 

Consequatur alias fugit ratione possimus in quibusdam. Quam id maiores laborum officiis. Vitae hic labore non.

--- man made the money, money never made the man
 

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