Provider Profiles
Goldman Sachs Asset Management, L.P.
| Profile | |
| Business Model§ | Proprietary/non-proprietary |
| Year Entered Into OCIO Business | 1995 |
| No. of Relationship Managers/Salespeople | 412 |
| No. of OCIO Portfolio Managers | 59 |
| OCIO % of Total Firm Revenue | Not provided |
| No. of Clients, Full Discretion | 642 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $238.9b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | 142b |
| 401(k), 403(b), Other DC | 10.3b |
| Endowments/Foundation | 17.8b |
| Healthcare Pools (Board designated, funded depreciation) | |
| Other | 64.8b |
| Portfolio Construction |
| At the base of our investment philosophy is our belief that efficient allocation of risk is important for the successful realization of investment objectives. As a global asset manager with real-time data and proximity to markets, we dynamically monitor portfolios to take advantage of potential short-term dislocations and reduce risk. The core tenets of our investment philosophy are below: 1. Knowing our clients by reviewing their overall goals, alongside factors that include time horizons and risk tolerance. 2. We construct portfolios by allocating a specific amount of risk to each exposure based on the expected return from that risk. 3. Seek to take advantage of market opportunities by actively monitoring various monitor risks. 4. Emphasizing diversification and innovation by leveraging various proprietary investment strategies, seeking returns during periods of market stress. 5. We have developed an approach to integrate non-financial factors into our analysis of securities and investment managers. |
| §OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. OCIO + other: An open-architecture/manager-of-manager investment outsourcing platform as one of multiple business lines. Implemented consulting: i.e. consulting firm that also has discretion over assigned assets. Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. |