Interview at GSAM Alternative Capital Formation; Private Credit

Based on the most helpful WSO content, the interview process for GSAM (Goldman Sachs Asset Management) Alternative Capital Formation, particularly in Private Credit, typically involves multiple stages. Here's what you can expect:

1. Initial Phone Screen: You've already completed this step with the recruiter. This stage usually focuses on your background, why you're interested in the role, and your understanding of GSAM and Private Credit.

2. Second Round (Video or Phone Interview): This is often a 2-on-1 interview with team members. Expect more personal and specific questions, such as:

   • Why Private Credit?
   • Why GSAM?
   • Your knowledge of asset classes and recent market trends.
   • Behavioral questions to assess cultural fit.

3. Superday: If you progress, you'll likely face a Superday. This involves interviews with various team members, including analysts, associates, and potentially senior professionals. The focus will be on:

   • Technical Questions: These may include topics like credit modeling, cash flow analysis, and understanding of credit structures (e.g., senior, mezzanine, unitranche).
   • Behavioral Questions: Examples include teamwork scenarios, problem-solving under pressure, and ethical dilemmas.
   • Market Knowledge: Be prepared to discuss recent deals, trends in private credit, and your perspective on the industry.

4. Case Study or Modeling Test: Some candidates may be asked to complete a case study or a simple credit model. This could involve analyzing a credit opportunity, structuring a deal, or identifying key risks and mitigants.

To prepare: - Brush up on accounting, cash flow analysis, and credit structuring. - Stay updated on recent private credit deals and market trends. - Practice behavioral questions and have clear, concise answers about your background and interest in GSAM.

Good luck with your interview!

Sources: https://www.wallstreetoasis.com/forum/private-equity/qa-non-target-top-bucket-ssg-private-creditdirect-lending?customgpt=1, Q&A: GS/MS IB Analyst —> Megafund PE Associate —> HBS/GSB Business School, Goldman Sachs Interview Process, Private Credit / DL Megathread, Private Credit Interview Advice