Goldman Sachs Group, Inc.

Goldman Sachs Group, Inc. is a leading financial institution, providing investment banking securities and investment management services to a wide and substantial base of its clients, including corporations, financial institutions, governments and high-net-worth individuals. Established in 1869 Goldman Sachs Group, Inc. is headquartered in New York, but also has its offices in London, Frankfurt, Tokyo, Hong-Kong and other large financial centers all around the world. Company's business is divided into 3 main directions: investment banking, exchange trade, stock and asset management. In 2004 financial year Goldman Sachs Group, Inc. net profit came to $ 4.55 milliards and assets under management to $ 452 milliards.

Asset management is a fast growing business segment in Goldman Sachs Group, Inc. It's subdivided into 2 spheres: direct asset management and the so called alternatives, which include hedge funds, private equity, real estate. This direction attracts individual investors and corporations and accumulate 19 % of company's income.

Goldman Sachs Asset Management AUM (assets under management) split by client location:

18.7% Europe

4.3% UK

4% Japan

4.6% Other Americas

2.5% Asia (ex Japan)

1.5% Africa/Middle east

63.9% North America and Canada