“Clients want to do business with people they like and trust, and you can only build trust over a long period of time,” says Goldman Sachs’ Alison Mass.
Mass began her career in the fast-paced industry at Drexel Burnham after earning her MBA in 1981 from New York University. Then in 1990, Mass went to a competitor before joining Goldman Sachs in 2001 as a partner.
“I’ve been fortunate to have had the same client base for most of my career, and have seen the private equity industry grow almost from inception,” she says, recalling that when she started in the 1980s, there were few funds over $1 billion. “I’ve been able to grow with my clients and invest in relationships that span decades. It’s been a privilege to watch private equity firms evolve over that period of time. Most professionals don’t ever get that kind of an opportunity.”