{ "docId": "019dd923-5e88-73ef-bd5a-28c72cc9d740", "docSlug": "1b9c53be021f8188", "documentTitle": "asset and wealth management mn", "authorId": "GoldmanSachs", "authorName": "Goldman Sachs", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "equity_research", "sourceTypeLabel": "Equity research", "presentationDate": null, "orientation": "portrait", "aspectRatio": 0.773, "pageNumber": 117, "pageCount": 183, "prevPage": 116, "nextPage": 118, "slideType": "appendix_disclosure", "function": "other", "density": "dense", "nDataPoints": 0, "notes": "Form ADV disclosure page 117.", "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5e88-73ef-bd5a-28c72cc9d740/117", "deckHref": "/decks/019dd923-5e88-73ef-bd5a-28c72cc9d740", "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5a-28c72cc9d740.json", "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5a-28c72cc9d740#slide-117", "components": [ { "bbox": { "h": 0.06, "w": 0.74, "x": 0.13, "y": 0.8 }, "kind": "paragraph", "text": "In limited circumstances, including for purposes of managing business and reputational risk, and subject to policies and procedures, personnel on one side of an information barrier may have access to information and personnel on the other side of the information barrier through \"wall crossings.\"", "attrs": null, "subkind": "description", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1d07ae1e-b9b8-466d-9a3d-0c57e89d8294", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.74, "x": 0.13, "y": 0.56 }, "kind": "paragraph", "text": "Advisory Accounts may have certain mandates managed by GSAM Private and GSAM Public, and may also have single mandates with respect to which certain portions are managed by GSAM Private and other portions are managed by GSAM Public. In such circumstances, Advisory Accounts may be adversely affected due to the information barrier between GSAM Private and GSAM Public and the resulting limitations on access regarding information and personnel described above.", "attrs": null, "subkind": "description", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "605c5888-42ac-47f4-9454-4464961882a4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.74, "x": 0.13, "y": 0.7 }, "kind": "paragraph", "text": "Goldman Sachs, due to its access to and knowledge of funds, markets and securities based on its prime brokerage and other businesses, will from time to time make decisions based on information or take (or refrain from taking) actions with respect to interests in investments of the kind held (directly or indirectly) by Advisory Accounts in a manner that is adverse to Advisory Accounts, and will not have any obligation or other duty to share information with GSAM.", "attrs": null, "subkind": "description", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7502431f-2104-4832-a520-8cc711fbf501", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.45, "x": 0.13, "y": 0.38 }, "kind": "paragraph", "text": "Considerations Relating to Information Held by Goldman Sachs", "attrs": null, "subkind": "description", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8fa374b6-c0b6-4bc7-9aab-430f9c47656e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.74, "x": 0.13, "y": 0.14 }, "kind": "paragraph", "text": "Advisory Account investors, the interests of such Advisory Account investors (and/or investors in other Advisory Accounts and other affiliates of GSAM) that choose to participate in or alongside the continuation vehicle could diverge from the interests of any investors in the particular Advisory Account that choose to realize their interests in such investments, and the two groups will ultimately hold the same investments for different amounts of time and realize different returns on the same investments.", "attrs": null, "subkind": "description", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c03ec361-23e5-4d30-aef8-cf4b7b2b23d2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.74, "x": 0.13, "y": 0.41 }, "kind": "paragraph", "text": "Goldman Sachs has established certain information barriers and other policies designed to address the sharing of information between different businesses within Goldman Sachs. As a result of information barriers, GSAM Public generally will not have access, or will have limited access, to certain information and personnel, including senior personnel, in GSAM Private and in other areas of Goldman Sachs, and generally will not manage Advisory Accounts with the benefit of information held by GSAM Private and these other areas of Goldman Sachs.", "attrs": null, "subkind": "description", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f9f4ae08-4601-4a0b-8256-817c2df39eb3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.25, "x": 0.13, "y": 0.09 }, "kind": "title", "text": "Goldman Sachs Asset Management", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "593cc840-53c1-4da7-a4bc-fbeb8e679126", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 150, "from": 101, "beatId": "2ffbac36-9b13-45f3-ad44-b7c15a73d480", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document concludes with information about the firm's code of ethics, participation or interest in client transactions, and other regulatory disclosures.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }