What is Goldman Sachs Special Situations Group?

The Goldman Sachs Special Situations Group (SSG) is a global multi-asset class business specialising in principal investing and lending on behalf of Goldman Sachs. SSG does not advise or invest funds provided by third-party investors.

What is a Special Situations Group in finance?

Special Situations is defined by (i) a community of participants (ii) Yield+ (iii) mindset. These situations draw investors to buy into a security (e.g. debt, equity or derivative) based on the special situation, rather than the underlying fundamentals of the security or some other investment rationale.

What is special situations group investment banking?

Our Special Situations Group provides investment banking services to companies, financial sponsors, trustees, liquidating agents and other interested parties in connection with financially stressed situations and transactions.

What is a special situation fund?

Special situations funds are a kind of under-the-radar fund that usually require an invitation to participate. Braitberg, a portfolio manager with TeamCo, defines special situations funds as relatively illiquid hybrid investments launched periodically by hedge funds.

What are special situations in private equity?

A special situation is an unusual event that compels investors to buy a stock or other asset in the belief that its price will rise. The special situation by definition has little to do with the underlying fundamentals of the stock or any other rationale that investors ordinarily use to select investments.

Does Goldman Sachs do private equity?

Goldman Sachs Capital Partners is the private equity arm of Goldman Sachs, focused on leveraged buyout and growth capital investments globally. As of 2019, GS Capital Partners had raised approximately $39.9 billion since inception across seven funds and has invested over $17 billion.

How do I get into special situation financing?

Seeking for and investing in special situations is a strategy pursued by a number of investors. To take advantage of a special situation, a hedge fund manager must identify an upcoming event that will increase or decrease the value of the company’s equity and equity-related instruments.

What is an example of a special situation an enterprising investor might use?

Special Situation For example, if a company announces an earnings surprise, an investor may buy its stock in the hope of selling it later in the trading day for a higher price. Other examples of special situations include mergers and acquisitions and bankruptcy.

What are special investments?

Related Definitions Special Investments means, at any time (but without duplication) all Investments by Loan Parties in Non-Loan Parties (other than Mortgage Subsidiaries), including, after its Conversion, any Non-Loan Party that was a Designated Guarantor prior to its Conversion.

How much does an associate make at Goldman Sachs?

Average Goldman Sachs Associate yearly pay in the United States is approximately $82,904, which is 61% above the national average.

What is considered distressed debt?

Distressed debt refers to bonds bought from companies that are either in bankruptcy or on the verge of it. Some investors specialize in buying distressed debt, with the intention of gaining control of the company once it does enter bankruptcy.