Goldman Sachs Hedge Fund Strategies LLC (New York)


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.