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      "text": "GSAMS is a Singapore company and is an indirect wholly-owned subsidiary of GS Group. The sole shareholder of GSAMS is GSAMIH. GSAMS is regulated by the Monetary Authority of Singapore and the SEC.",
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      "text": "In addition, GSAM provides services incidental to managing Advisory Account assets, including hedging interest rate or currency risk for Advisory Accounts and related cash management, disposing of assets distributed in kind by Advisers, trade order transmission and execution services, and providing Advisory Accounts with access to due diligence reports and other information with respect to one or more Underlying Funds and Unaffiliated Advisers (\"Diligence Reports\"). Incidental services may also include entering into and negotiating the terms and conditions of agreements related to the management",
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      "text": "Depending on the investment strategy employed on behalf of a particular client and the investment team managing a particular client's assets, GSAM's advisory services include, but are not limited to, portfolio construction, portfolio evaluation, portfolio rebalancing, asset allocation, risk assessment, risk management, liquidity management, diversification solutions, customized hedging, tactical investments, credit analysis, review of investment and co-investment opportunities, investment structuring, reporting and accounting services, and the review, selection, and oversight of third-party managers. GSAM also provides retirement plan consulting services, as well as solutions unique to life, health, property, and casualty reinsurers and reinsurance clients, and the negotiation and administration of Stable Value Contracts.",
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      "text": "GSAM also offers goal and risk-based financial planning and portfolio management services (such services are referred to herein as \"Managed Account Services\"). Managed Account Services provided by GSAM are generally delivered to accounts (\"Enrolled Participant Accounts\") for enrolled plan participants or retail investors (\"Enrolled Participants\") through an automated software platform (the \"Software Platform\") developed by GSAM.",
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      "text": "For certain investment strategies, GSAM provides model portfolios to investment advisers that are affiliated with Goldman Sachs (\"Affiliated Advisers\"), as well as investment advisers that are unaffiliated with Goldman Sachs, including (i) investment advisers that are not controlled by Goldman Sachs but in which certain Advisory Accounts hold equity, profits or other interests, (ii) investment advisers, including registered investment advisers, with which Goldman Sachs has business relationships (collectively, \"Unaffiliated Advisers\" and, together with Affiliated Advisers, \"Advisers\"), and (iii) broker-dealers, technology providers, turnkey asset management providers, and other financial intermediaries that are unaffiliated with Goldman Sachs that use such model portfolios to assist in developing their own investment recommendations and managing their client accounts. In addition, as further described in Item 12, Brokerage Practices, GSAM also executes portfolio transactions at the direction of certain Advisory Accounts.",
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      "text": "Ministry of Land, Infrastructure, Transport and Tourism, the Securities and Exchange Surveillance Commission, the Tokyo Metropolitan Government and the SEC, has been providing financial solutions for investors since 1990.",
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