GS PE Placement - Industrials and NR
I have an accelerated full time interview coming up with GS. Just wondering how Industrials and Natural resources did during the past couple of years in respect to PE recruiting. I am in a similar group at another bank. Thanks in advance!
GS Industrials has some of the best. Do well and you'll get a lot of interviews.
Industrials
Are you talking about GIlford Securities or Goldman Sachs? Goldman would be great, not sure about Gilford though
and what about NR?
Culture is a lot different... really depends on what you are looking for. I'd imagine that placements for Industrials are a bit better, but if you are good I'm sure it won't matter either way. The culture in NR is a lot more favorable to work-life balance, Industrials is your traditional sweatshop and you might as well be in FIG or TMT at that point.
If it helps, I can think of a few instances of people that interned in Indu that decided to switch and do a full time in NR
bbn
.
GS NRG (Originally Posted: 02/10/2010)
Can someone comment on the natural resources group at GS in terms of hours, culture, and specially exit opportunities? This is for the NY office. Thanks for your help!
Blankfein Jr. is in natty res.
Anything else?
Placed a handful of people at Silver Lake
Very interested as well. Thanks.
There is no weak team at Goldman IBD (only good and great) and there is no easy team at Goldman IBD (only crazy and insane)...
Are they able to send analysts to KKR/Blackstone/Carlyle, etc?
Very interested in this, please provide more info if possible, thanks.
Little to no representation at KKR/Carlyle/Blackstone. Class of 2009 in NY sent 1 kid to PE. Rest didn't get buyside gigs they wanted. Some stayed for a third year. Placement isn't nearly as strong as the top groups at GS(TMT, FIG, Healthcare) and top M&A/Sponsors groups on the street. The people at SL from GS NRG are from different offices (London, Menlo) and different years.
A buddy of mine interned there, didn't like it, and went to Audax for FT.
Yeah a buddy of mine at GS was just reading out all the leaving emails he had received these two past weeks to me yesterday. Both groups placed well at a variety of PE shops including BX, Apollo, TPG, KKR. But equally, there were some kids who were going off to join some random non-mega PE funds. Comes down to you in the end. You'll get the interviews either way. Industrials employees more analysts which is why it may always come off as though they place better but in reality, the lower headcount of NatRes analysts means they place just as well. I would go with where you find a better fit so you can get somewhat comfortable while doing the crazy hours for the next two years.
Disclaimer: Again, these inferences are just based on leaving emails and where kids said they were going. In reality there may have been others doing vastly different things as well, staying to join one of GS's internal prop desks, PIA, SSG etc. even B-School.
Goldman NRG Deals (Originally Posted: 01/08/2013)
Can anyone point to some of the deal flow out of the Goldman NRG office? How does the deal execution work between Houston and NYC?
goldman does mainly oilfield services (OFS) deals. i cant tell a lot of the deals they have, but i know they do practically every schlumberger deal, and they did that huge schlumberger-smith deal recently. they dont do much capital markets obviously (but still do it) since they dont have the balance sheet of banks like wells fargo, jpm, etc.
houston actually executes all its deals and doesnt work that much with nyc, i heard. as most banks in houston, its mainly oil & gas centered, whereas nrg in nyc touches upon everything else (though in the oil & gas sector, ny does more midstream for goldman),
agree with above, BarCap gets bulk of big E&P deals. GS group kind of blows in Houston, pay isn't anything amazing and many good people have left (not necessarily to great shops either, just got out). Some of my buds started there and hated it fwiw
Can confirm: GS NatRes/Power are one group. Similar to Barcap, NYC office does a ton of work that the Houston office doesn't touch (mid-stream like LDCs, infra, etc). Houston does more upstream work.
Group is OK - there's a reason why the group combines its natres and power arms unlike Citi / BAML / Barc / MS / JP, which have a much stronger presence.
If you're looking at Houston, Barc >> CS / Evercore >> others (exception would be TPH).
Citi has been killing it this year as per my knowledge and should be at the top of the list. CS & Barclays are still gud places to be at with decent exits to PE.
GS Industrials Group (Originally Posted: 11/05/2012)
Have a first round interview with someone at GS in the industrials group. Does anyone know where I can find out more about this group specifically- the GS site doesn't give much of any specific info. Also, if anyone has any good questions for me to ask that would be appreciated. Thanks for your help.
Depends if this is for FT or for an internship? The level of knowledge you will be expected to come in may vary depending
For internship. Not even necessarily sure I would be applying or interviewing for that group (since this is first round), but would be good to know some things about it for questions and just in case.
isnt this a bit early for internship? is this through the accelerated process?
GS Industrials (Originally Posted: 05/20/2012)
Anyone have any info on this group? Culture, deal flow, exit ops, etc.
Thanks
bump....any comments? how does it stack up against other industrial groups?
They're one of the best in regards to deal flow (adelphi IPO, and other big deals...CapIQ it). I think their largest competitors are JPM and CS. Interested in what others have to say as to the fact that I'm just brushing the top of the coverage group. I know they have a split between NYC and Chi also.
I've heard that GS is the best as far as Industrials Groups go.
d
any more insight?
Got to know a couple of Associates & VPs during recruiting... seemed to be cool people.
sux
Shitty culture, everyone I know there is miserable. People are assholes and lots of facetime. There are much better groups within GS and on the street.
GS NR group (Originally Posted: 09/15/2011)
Hey everyone,
I'm trying to get some info on the GS NR group. People I met with were all really nice and I got a very good vibe when i went in, but anything else would be appreciated.
Houston or NYC?
NYC, Full Time
Goldman Industrials (Originally Posted: 02/22/2009)
How's the group in terms of deal flow, what exactly they do and how it compares to other groups at GS?
chicago or nyc?
Both
ShadowMoses, why did you reveal the secret genome army?!?!?
haha yes Metal Gear, anyways, anyone know anything about the industrials group?
Sent you a PM
what was the pm you sent him? I'm also curious about the group.
Aut eaque sequi qui quos nostrum nostrum. Aut eos delectus optio praesentium nihil. Id ea ut iure et qui est.
Aperiam velit voluptatem voluptas commodi magnam. Minima tempora qui quam alias beatae. Ea quasi quam quia. Aut ipsum sint officia dignissimos rerum quisquam quis eius. Nemo tempore dignissimos iure voluptatem minus est. Autem quam ut aut nobis. Ipsum earum et blanditiis alias deleniti nostrum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Quia ex repellat doloribus hic. Fugit aut autem perferendis et et voluptas.
Reiciendis voluptatem est non vel quaerat est vitae. Voluptatibus omnis non doloremque velit corrupti recusandae. Necessitatibus aliquid quidem sint autem et tempora.
Ipsa praesentium aspernatur sed optio quia. Rerum in enim tempora aspernatur culpa ut facilis.
Doloremque id quis accusantium nostrum velit laborum sint deserunt. Aut ipsam dolore provident voluptatem odit iste et omnis. Qui blanditiis occaecati cum est. Non ea qui voluptas quisquam ex omnis iusto. Amet fugiat sapiente ut quis ut ex.
Molestias et repellendus vel saepe fugiat. Minus voluptatem quisquam ut quasi cumque atque. Non dolores doloribus harum ut odio autem neque. Quia enim eum unde ducimus architecto dolor.
Ipsa nesciunt odio id qui non facere. Quae et alias blanditiis placeat omnis voluptatem.