September 22, 2011
New York, NY, September 22, 2011 -- Goldman Sachs Asset Management today announced that Richard Quigley has joined the Alternative Investments & Manager Selection (AIMS) Group as Managing Director and Head of AIMS Advisory Solutions, based in New York. Quigley was previously a partner and global head of portfolio advisory at Albourne Partners, an investment consultant.
AIMS Advisory Solutions delivers timely and customized advice to investors on their hedge fund and private equity portfolios, complementing their own resources to help meet the objectives of their alternative investment programs. These advisory solutions include asset allocation and portfolio construction, manager sourcing and due diligence, risk management and reporting, ongoing portfolio and industry insights, and comprehensive diagnostics on existing hedge fund and private equity portfolios.
“Whether encouraged by the potential to enhance returns or mitigate risks, investors are increasingly exploring hedge funds and private equity as part of their investment programs,” observed Christopher Kojima, Global Head of the AIMS Group for Goldman Sachs Asset Management. “We are excited that Richard Quigley has joined our team, bringing our clients the benefit of his extensive advisory experience.”
“Comprehensive manager diligence, dynamic portfolio construction, and robust risk management are all essential ingredients for success,” commented Kojima. “Some investors have sufficient resources and expertise in these areas, while others may look to complement their internal capabilities with our solutions. Our advisory program adds to the suite of alternative investment solutions we provide our clients around the world.”
The Alternative Investments & Manager Selection (AIMS) Group provides investors with investment and advisory solutions in alternative investments, across leading private equity and hedge fund managers. The AIMS Group manages globally-diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Investors access opportunities through new fund commitments, fund-of-fund investments, secondary-market investments, co-investments, and seed-capital investments. With over 200 professionals across ten offices around the world, the AIMS Group provides manager diligence, portfolio construction, risk management, and liquidity solutions to investors, drawing on Goldman Sachs’ global market insights and risk management expertise. The AIMS Group extends these capabilities to the world’s leading sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, and family offices, for which it manages over $50 billion of alternative investments through AIMS Hedge Fund Strategies and the AIMS Private Equity Group.
Goldman Sachs Asset Management is the asset management arm of The Goldman Sachs Group, Inc. (NYSE: GS), which manages approximately $720 billion as of June 30, 2011. Goldman Sachs Asset Management has been providing discretionary investment advisory services since 1989 and has investment professionals in all major financial centers around the world. The company offers investment strategies across a broad range of asset classes to institutional and individual clients globally. Founded in 1869, Goldman Sachs is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.