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    Just got interview with this group, but have heard that it's not really FO, what's everyone's view on it? Also, has anyone heard back from Saturday's final round for GS IBD yet?
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    It's not actually private equity. It's essentially a FoF support group for GSAM, analysing and tracking fund performance. As a support function, it's not really an FO role.
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    (Original post by PorcineAviation)
    It's not actually private equity. It's essentially a FoF support group for GSAM, analysing and tracking fund performance. As a support function, it's not really an FO role.
    Wth..didn't even apply there. Hopefully this isn't GSs' infamous "we'll not reject you but instead keep on interviewing you"
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    (Original post by interviewee)
    Wth..didn't even apply there. Hopefully this isn't GSs' infamous "we'll not reject you but instead keep on interviewing you"
    what's wrong with that? unless you have extensive work experience they probably know far better than you where you would fit in!
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    Also got interview there tomorrow. From what I've heard, as a group it has 33bn to invest, so slightly skeptical of the MO comments. However, within the group, you have investment teams AS WELL AS risk management teams, so maybe that's where the confusion comes from.
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    GS PEG is a fund of funds that invests capital in other PE funds and hedge funds, including GSAM. They don't make direct investments like GS PIA or some of the megafunds do so a lot of the work is tracking fund/manager performance.
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    (Original post by Prince of Zamunda)
    GS PEG is a fund of funds that invests capital in other PE funds and hedge funds, including GSAM. They don't make direct investments like GS PIA or some of the megafunds do so a lot of the work is tracking fund/manager performance.
    Not entirely true: their investment comes in purchase of equity interest from PE shops, investment in the funds themselves, AS WELL AS co-investment with the megafunds. The definition of FO is simply one which generates revenue, though granted, the exit opp is most likely not as good as GS IBD.
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    Anyone heard back from PEG?
 
 
 
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