Goldman Sachs Urban Investment Group

What are the thoughts on Goldman Sachs' Urban Investment Group? I know it's not Goldman's Principal Investment Area/PE Group, but it still bears the GS name. Would this fund be considered a top notch pre-MBA PE experience, or would it be no different than a run-of-the-mill PE firm?

It makes investments that vary in size from $10-100 million, so I guess that's about middle market. How would this look on a resume for (1)business schools and (2)bigger PE firms for post-MBA?

Thanks for your thoughts.

 

rmande09,

I sold a company to these guys. While I have no idea how business schools or bigger PE firms would view it, I can tell you that it will very likely be your run-of-the-mill lower middle market PE firm. I can say that their professionals are good guys/gals to deal with and you'll likely get a very positive experience out of a job there.

~~~~~~~~~~~ CompBanker

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 
Best Response
CompBanker:
rmande09,

I sold a company to these guys. While I have no idea how business schools or bigger PE firms would view it, I can tell you that it will very likely be your run-of-the-mill lower middle market PE firm. I can say that their professionals are good guys/gals to deal with and you'll likely get a very positive experience out of a job there.

~~~~~~~~~~~ CompBanker

That sounds like GS' MM group (http://www.goldmansachs.com/what-we-do/investing-and-lending/middle-mar…), not the UIG Group.

http://www.goldmansachs.com/what-we-do/investing-and-lending/urban-inve…

"Established in 2001, the Urban Investment Group (UIG) deploys the firm's capital by making investments and loans that benefit urban communities.

Through its comprehensive community development platform, UIG is a catalyst in the revitalization of underserved neighborhoods. UIG has committed more than $2.4 billion, facilitating the creation and preservation of approximately 12,500 housing units - the majority of which are affordable to low, moderate and middle-income families - as well as over 1,100,000 square feet of community facility space and approximately 1,900,000 square feet of commercial and retail space."

 
peinvestor2012:
CompBanker:
rmande09,

I sold a company to these guys. While I have no idea how business schools or bigger PE firms would view it, I can tell you that it will very likely be your run-of-the-mill lower middle market PE firm. I can say that their professionals are good guys/gals to deal with and you'll likely get a very positive experience out of a job there.

~~~~~~~~~~~ CompBanker

That sounds like GS' MM group (http://www.goldmansachs.com/what-we-do/investing-and-lending/middle-mar…), not the UIG Group.

http://www.goldmansachs.com/what-we-do/investing-and-lending/urban-inve…

"Established in 2001, the Urban Investment Group (UIG) deploys the firm's capital by making investments and loans that benefit urban communities.

Through its comprehensive community development platform, UIG is a catalyst in the revitalization of underserved neighborhoods. UIG has committed more than $2.4 billion, facilitating the creation and preservation of approximately 12,500 housing units - the majority of which are affordable to low, moderate and middle-income families - as well as over 1,100,000 square feet of community facility space and approximately 1,900,000 square feet of commercial and retail space."

This one makes more sense to me. Sort of a project finance group. This would be one of the groups that does God's work. I remember seeing marketing material/ads, some time around Blankfein's "God's Work" discussion, that talked about how Goldman Sachs financed the construction of a YMCA or some bullshit like that.
 
peinvestor2012:
CompBanker:
rmande09,

I sold a company to these guys. While I have no idea how business schools or bigger PE firms would view it, I can tell you that it will very likely be your run-of-the-mill lower middle market PE firm. I can say that their professionals are good guys/gals to deal with and you'll likely get a very positive experience out of a job there.

~~~~~~~~~~~ CompBanker

That sounds like GS' MM group (http://www.goldmansachs.com/what-we-do/investing-and-lending/middle-mar…), not the UIG Group.

http://www.goldmansachs.com/what-we-do/investing-and-lending/urban-inve…

"Established in 2001, the Urban Investment Group (UIG) deploys the firm's capital by making investments and loans that benefit urban communities.

Through its comprehensive community development platform, UIG is a catalyst in the revitalization of underserved neighborhoods. UIG has committed more than $2.4 billion, facilitating the creation and preservation of approximately 12,500 housing units - the majority of which are affordable to low, moderate and middle-income families - as well as over 1,100,000 square feet of community facility space and approximately 1,900,000 square feet of commercial and retail space."

peinvestor2012,

It has been awhile. I honestly didn't have a lot of exposure to the UIG directly (I was an analyst at the bank selling to a company backed by UIG). However, I will say that the company backed by UIG didn't really have a "benefit urban communities" type feel to it. It was in the healthcare services space, broadly defined, but it was very much a typical for-profit business.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

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