Goldman Sachs Urban Investment Group

rmande09's picture
Rank: Monkey | 39

What are the thoughts on Goldman Sachs' Urban Investment Group? I know it's not Goldman's Principal Investment Area/PE Group, but it still bears the GS name. Would this fund be considered a top notch pre-MBA PE experience, or would it be no different than a run-of-the-mill PE firm?

It makes investments that vary in size from $10-100 million, so I guess that's about middle market. How would this look on a resume for (1)business schools and (2)bigger PE firms for post-MBA?

Thanks for your thoughts.

Comments (14)

Jan 20, 2009

word up..from the ghetto

The world has changed. And we must change with it.

I'm making it up as I go along.

Jan 21, 2009

rmande09,

I sold a company to these guys. While I have no idea how business schools or bigger PE firms would view it, I can tell you that it will very likely be your run-of-the-mill lower middle market PE firm. I can say that their professionals are good guys/gals to deal with and you'll likely get a very positive experience out of a job there.

~~~~~~~~~~~
CompBanker

Dec 26, 2012
CompBanker:

rmande09,

I sold a company to these guys. While I have no idea how business schools or bigger PE firms would view it, I can tell you that it will very likely be your run-of-the-mill lower middle market PE firm. I can say that their professionals are good guys/gals to deal with and you'll likely get a very positive experience out of a job there.

~~~~~~~~~~~
CompBanker

That sounds like GS' MM group (http://www.goldmansachs.com/what-we-do/investing-a...), not the UIG Group.

http://www.goldmansachs.com/what-we-do/investing-a...

"Established in 2001, the Urban Investment Group (UIG) deploys the firm's capital by making investments and loans that benefit urban communities.

Through its comprehensive community development platform, UIG is a catalyst in the revitalization of underserved neighborhoods. UIG has committed more than $2.4 billion, facilitating the creation and preservation of approximately 12,500 housing units - the majority of which are affordable to low, moderate and middle-income families - as well as over 1,100,000 square feet of community facility space and approximately 1,900,000 square feet of commercial and retail space."

Dec 27, 2012
peinvestor2012:
CompBanker:

rmande09,

I sold a company to these guys. While I have no idea how business schools or bigger PE firms would view it, I can tell you that it will very likely be your run-of-the-mill lower middle market PE firm. I can say that their professionals are good guys/gals to deal with and you'll likely get a very positive experience out of a job there.

~~~~~~~~~~~
CompBanker

That sounds like GS' MM group (http://www.goldmansachs.com/what-we-do/investing-a...), not the UIG Group.

http://www.goldmansachs.com/what-we-do/investing-a...

"Established in 2001, the Urban Investment Group (UIG) deploys the firm's capital by making investments and loans that benefit urban communities.

Through its comprehensive community development platform, UIG is a catalyst in the revitalization of underserved neighborhoods. UIG has committed more than $2.4 billion, facilitating the creation and preservation of approximately 12,500 housing units - the majority of which are affordable to low, moderate and middle-income families - as well as over 1,100,000 square feet of community facility space and approximately 1,900,000 square feet of commercial and retail space."

This one makes more sense to me. Sort of a project finance group. This would be one of the groups that does God's work. I remember seeing marketing material/ads, some time around Blankfein's "God's Work" discussion, that talked about how Goldman Sachs financed the construction of a YMCA or some bullshit like that.

Dec 27, 2012
peinvestor2012:
CompBanker:

rmande09,

I sold a company to these guys. While I have no idea how business schools or bigger PE firms would view it, I can tell you that it will very likely be your run-of-the-mill lower middle market PE firm. I can say that their professionals are good guys/gals to deal with and you'll likely get a very positive experience out of a job there.

~~~~~~~~~~~
CompBanker

That sounds like GS' MM group (http://www.goldmansachs.com/what-we-do/investing-a...), not the UIG Group.

http://www.goldmansachs.com/what-we-do/investing-a...

"Established in 2001, the Urban Investment Group (UIG) deploys the firm's capital by making investments and loans that benefit urban communities.

Through its comprehensive community development platform, UIG is a catalyst in the revitalization of underserved neighborhoods. UIG has committed more than $2.4 billion, facilitating the creation and preservation of approximately 12,500 housing units - the majority of which are affordable to low, moderate and middle-income families - as well as over 1,100,000 square feet of community facility space and approximately 1,900,000 square feet of commercial and retail space."

peinvestor2012,

It has been awhile. I honestly didn't have a lot of exposure to the UIG directly (I was an analyst at the bank selling to a company backed by UIG). However, I will say that the company backed by UIG didn't really have a "benefit urban communities" type feel to it. It was in the healthcare services space, broadly defined, but it was very much a typical for-profit business.

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Dec 27, 2012

Agreed

Dec 27, 2012

Sounds like a pretty niche group. I'm sure the exposure you'd get in the group would be pretty interesting incorporating multiple forms of financing.

Dec 27, 2012

Cool group if you're truly interested in social impact investing

Dec 27, 2012

@"futureceo" let us know how it goes nonetheless, I am curious to hear and learn more about this space and your interview insight would be helpful! Good luck if you do go through the process.

Dec 27, 2012

I've never heard of it, but all i could think of was Wu-Tang Financial.

    • 1
Dec 27, 2012
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