Goldman Sachs Growth

Curious about the reputation of GS growth - how is it perceived in the GE space?

How are comp and hours at the analyst and associate level?

Exits?

Private Equity Interview Course

  • 2,447 questions - 203 PE funds. Crowdsourced from 750k+ members
  • 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
  • Trusted by over 1,000 aspiring private equity professionals just like you.

Comments (24)

  • Principal in PE - LBOs
Apr 16, 2021 - 4:49pm

You have no idea what you're talking about. Stop reading the GS web site, its all made up bullshit.

They did growth investing out of their main PE fund. With the exception of a few people that were purely growth/VC focused, it was the same investment team as core PE. They did a deep dive that hung all their dog shit performance on the head of deviating from their historic buyout strategy by venturing into growth (instead of the actual reason which was the dog shit club deals they did like TXU and FirstData). After paying McK $5-10mm for this smoke screen, got to keep their jobs and had some marketing talking points for fundraising... naturally they concluded they need to go back to their knitting of buyout PE. Since then their buyout PE has continued to be mediocre at best, they had a massive brain drain and now they've pivoted to a distressed fund and growth equity.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Apr 17, 2021 - 2:59pm

They're launching a dedicated growth strategy? So soon, only 15 years into the greatest phase of technological innovation and transformational growth since the Bronze Age?

DJ Sol is the starting pitcher of the t-ball team.

Thank you for the information, this is rather surprising. Not much information is out there and many people who sit on boards have "GS Growth" in their titles. I recently secured an interview for this division and was thinking that the buyout PE, Growth and Private Credit credit teams would be great

Array
May 3, 2021 - 2:17pm

What would you expect the comp to be for this group since is Growth Equity? And as they mentioned, I seen a couple of people with "GS Growth" as board of directors on linkedin

Array
May 3, 2021 - 5:53pm

I am not able to find anything online about that :/ so not sure

Array
May 3, 2021 - 7:15pm

I actually found it, they did invest $100M on Spotify in 2012. 

Array
  • Prospect in IB - Gen
May 3, 2021 - 9:09pm

Know a couple people there and GS Growth is a pretty good venture/growth fund. It was created a couple years ago after the PIA group and GSIP groups merged to form GS growth. Main office in NYC, but they have team in SF and London. They have a strong fintech emphasis, but also do a lot of enterprise software deals. Analysts have a mix of sourcing plus actual diligence. GS will generally come and take lead on Series B/C deals.

I've seen exits are mostly lateral, product at startups or B school and my honest take is this... GS growth is a good shop but not the strongest in either vc/growth landscape. If you wanna do venture, aim for a blue-chip (a16z, bessemer, nea) and if you wanna do growth then there's Summit, TA, GA, TCV. 

  • Intern in PE - LBOs
May 4, 2021 - 2:06am

Thanks for this insight, yeah they claim a huge $8B aum which is on bigger for a "Growth/VC" shop I suppose.

I am a student most likely interning there for Summer 2022, and given my current chances, I think is the best shop I could land given my background. Whats your thoughts on staying for FT after the summer and/or having the chance to recruit at other places with the experience(do other shops give you looks for being in GS Growth?)

Start Discussion

Total Avg Compensation

May 2021 Private Equity

  • Principal (7) $694
  • Director/MD (17) $582
  • Vice President (64) $370
  • 3rd+ Year Associate (66) $267
  • 2nd Year Associate (127) $250
  • 1st Year Associate (271) $223
  • 3rd+ Year Analyst (24) $164
  • 2nd Year Analyst (60) $136
  • 1st Year Analyst (172) $117
  • Intern/Summer Associate (19) $70
  • Intern/Summer Analyst (195) $60