Goldman Sachs Hedge Fund Strategies LLC (New York)

Name: Goldman Sachs Hedge Fund Strategies LLC
Address: 200 West Street, New York, NY, 10282
Telephone: 212-902-1000

Goldman Sachs Hedge Fund Strategies LLC is a large advisory firm based in New York. It manages $14.8 billion of regulatory assets for 151 client accounts. It has been registered with the SEC as an adviser since 2005.

Goldman Sachs Hedge Fund Strategies provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Goldman Sachs Hedge Fund Strategies: assets under management

The assets under management (AUM) of Goldman Sachs Hedge Fund Strategies LLC is $14.8 billion. The firm's AUM has grown by 13% since the beginning of its operation, and $10.36 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $14.67 billion in discretionary accounts and $129.27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.19 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $21.55 million.

Goldman Sachs Hedge Fund Strategies has custody of $14.58 billion in cash and securities for 145 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in other assets form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Goldman Sachs Hedge Fund Strategies LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hugh James Lawson serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Hugh James Lawson is pooled investment vehicles with 140 clients and $11.76 billion of assets under management. Among the 3 most similar advisory firms, Goldman Sachs Hedge Fund Strategies has the lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $14.74 billion for 241 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 45% of the firm’s clients are foreign persons or businesses.

Goldman Sachs Hedge Fund Strategies also advises several private funds. Namely, one hundred thirty five other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000,000.

Careers at Goldman Sachs Hedge Fund Strategies LLC

The company employs 60 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Hugh James Lawson has been acting as President since 1 Apr 2005. Helen Anne Crowley joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. The Goldman Sachs Group	Member	1 Apr 1997	75% - 100%	13-4019460
Kent Arthur Clark	Chief investment officer, managing director and director	1 Oct 2000	Other	2516912
George Herbert Walker	Chief executive officer, managing director, director and president	1 Jul 2001	Other	1712090
Tobin Victor Levy	Managing director, director & chief financial officer	1 Apr 2002	Other	2621477
Peter Steven Kraus	Co-head, investment management division (co-chief executive officer)	1 Apr 2003	Other	1605655
Hugh James Lawson	Managing director, director	1 Dec 2003	Other	2854269
Ellen Porges	Chief legal officer	1 Jun 2004	Other	4881379
Ellen Randy Porges	Chief legal officer	1 Jun 2004	Other	4881379
Lisette Marla Lieberman	Chief compliance officer	1 Jun 2004	Other	4866328
Hugh James Lawson	Director	1 Apr 2005	Other	2854269
Michael J Richman	Chief compliance officer	1 Nov 2005	Other	4693512
Jennifer Barbetta	Chief financial officer and director	1 Apr 2006	Other	4092219
Jennifer Barbetta	Director	1 Apr 2007	Other	4092219
Marc Adam Spilker	Chief operating officer	1 Jun 2007	Other	2875526
Megan Mehlhope Taylor	Chief financial officer	1 Jul 2007	Other	4147414
Edward Codd Forst	Co-head, investment management division (co-chief executive officer)	1 Oct 2007	Other	2344926
Omar Marwan Asali	Director	1 Mar 2008	Other	4428790
Peter John Ort	Director	1 Mar 2008	Other	2786242
Edward Codd Forst	Head, investment management division (chief executive officer)	1 Apr 2008	Other	2344926
Timothy Joseph Oneill	Co-head, investment management division (co-chief executive officer)	1 Jul 2008	Other	1656306
Marc Adam Spilker	Co-head, investment management division (co-chief executive officer)	1 Jul 2008	Other	2875526
Eric Scott Lane	Co-chief operating officer, investment management division	1 Apr 2009	Other	2789031
Stephen John Mcguinness	Co-chief operating officer, investment management division	1 Apr 2009	Other	1478789
Edward C Forst	Co-head, investment management division (co-chief executive officer)	1 Feb 2010	Other	2344926
Judith L. Shandling	Chief compliance officer	1 Mar 2010	Other	5775386
Judith Leah Shandling	Chief compliance officer	1 Mar 2010	Other	5775386
Eric Scott Lane	Co-head, investment management division (co-chief executive officer)	1 Dec 2011	Other	2789031
Gavin Gerard O'connor	Chief operating officer	1 Jan 2014	Other	6471222
Gsam Holdings Llc	Member	1 Feb 2016	75% - 100%	13-4019460
Helen Anne Crowley	Chief operating officer	1 Feb 2017	Other	4260840

Based in New York

The principal office where Goldman Sachs Hedge Fund Strategies LLC performs its advisory services is located at 200 West Street, New York, NY 10282, which is also the mailing address of the firm. An additional office of the firm is in Albany, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-902-1000 or by fax 212-357-5281. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at 360.gs.com and its LinkedIn profile.