Thoughts on GS AMD (ex. MBD / SSG)?

Based on the most helpful WSO content, the Goldman Sachs Asset Management division, formerly known as Merchant Banking Division (MBD) and Special Situations Group (SSG), has undergone some reorganization. The prestige of the group is a topic of interest and debate among finance professionals. Historically, MBD and SSG have been well-regarded within the industry for their investment strategies and the opportunities they provide.

To give you more insight:

• MBD was known for its teams in Corporate Private Equity, Real Estate, Credit, and Infrastructure.
• SSG had a similar structure but with a slightly different focus, and it was known for its involvement in more complex and distressed investments.
• The groups have been involved in co-investments and have had a broad mandate in asset investing, especially in the U.S.
• The reorganization has led to some changes in the structure and focus of these groups, which could affect their market perception.

Regarding recruitment and prestige, these divisions have traditionally been seen as attractive places to work, with strong exit opportunities. They have recruited from a variety of sources, including direct from undergrad, MBA programs, lateral moves from GS IBD, and other PE firms.

As for the current state of prestige, it's important to note that the finance industry's views on prestige can shift over time due to various factors such as market performance, leadership changes, and strategic decisions. However, Goldman Sachs as a firm continues to hold a strong reputation in the industry.

For the most current and detailed information, it would be beneficial to look at recent threads on Wall Street Oasis or reach out to current employees in the division.

Sources: Goldman Sachs MBD vs. SSG vs. MSI, London - Most Prestigious Grad Roles, Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige, Q&A: GS Special Situations >> Founder of a Private Equity Startup, How is GS MBD perceived?