Goldman Offers Interns Jobs in "Private Equity" — Within the Firm (BBG)

"Your post was moved from Investment Banking Forum to the Private Equity Forum forum topic due to the automatically detected keywords." how the fuck do I undo this shit

Goldman Sachs Group Inc. is launching a program aimed at dissuading interns who get full-time offers from later jumping ship for potentially more lucrative jobs at private equity firms and other competitors.

For those interested in buy-side careers, Goldman will offer “an early entry point,” according to an internal memo seen by Bloomberg News. Selected applicants will get a full-time offer to join investment banking, followed by a shift to its asset-management unit — which has a private-markets arm — after two years.

“Our goal with such a talented cohort is to offer the options to you,” Dan Dees, co-head of global banking and markets, wrote in the memo. “I might be a little biased, but the path you find yourself on at Goldman Sachs might just be the one that keeps you here many, many years later.”

The lure of private equity has been a thorn in the side of top Wall Street banks for years. In a practice known as on-cycle recruitment, buyout shops sign up junior bankers near the start of their on-the-job training at investment banks like Goldman, then wait for them to finish their training there before taking them on board.

What's GS Private Markets comp like?