Financial and Strategic Investors at GS

What does this group do? From their website (https://www.goldmansachs.com/what-we-do/investmen…) it seems like they cover a “variety of IB services” but is it more relationship focused or execution focused?

Is it M&A exclusively focused on transactions where at least one of the parties is a financial sponsor, or something else? I’ve heard that there’s almost no modelling involved - more just relationship management with PE firms etc.

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