DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Goldman Sachs Asset Management (Hong Kong) Limited

Institutional managerCentral, Hong Kong, CRD 286066SEC 801-111733websiteIAPD
Latest filing May 22, 2026
First filing on the tape Aug 23, 2017 · 33 filings
SEC status approved since Sep 21, 2017
RAUM
$21B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
96
53 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$21B as of May 22, 2026
Mar 29, 2018$16B then
HNW client RAUM$0 as of May 22, 2026
Mar 28, 2020$0 then
State-registered IARs (5.B.3)0 as of May 22, 2026
Mar 29, 20180 then
Employees (5.A)96 as of May 22, 2026
Mar 29, 201845 then
Private funds: no history
RAUM +64% over the last fiscal year+9.8% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 22, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$262MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
83%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+64%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, educational seminarsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Insurance companies$16B75%
  • Pooled investment vehicles$2.2B10%
  • Corporations and businesses$1.5B7.0%
  • Sovereign wealth funds$1.3B6.3%
  • Pension and profit-sharing plans$283M1.3%
  • Charitable organizations$54.1M0.3%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
2reported
Charitable clients
18reported
Accounts
81reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.1 institutional_share=0.83 related_bd=true related_bank=true bd_reps=2.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Alison Lau · Directorcontrol
        since 04/2024 · owns less than 5%
      • Sara Lee · Directorcontrol
        since 05/2024 · owns less than 5%
      • Stuart Wrigley · Directorcontrol
        since 09/2024 · owns less than 5%
      • Leah Judith Shandling · Chief Compliance Officer - US Matters
        since 10/2016 · owns less than 5%
      Entity owners
      • Goldman Sachs Asset Management International Holdings L.L.C. · Shareholder
        direct · owns 75% or more
      • Goldman Sachs Asset Management, L.P. · Member
        indirect · owns 75% or more of Goldman Sachs Asset Management International Holdings L.L.C.
      • Gsam Holdings LLC · General Partner
        indirect · owns 75% or more of Goldman Sachs Asset Management, L.P.
      • The Goldman Sachs Group Inc. · Member
        indirect · owns 75% or more of Gsam Holdings LLC · public reporting company
      • Gsam Holdings LLC · Member
        indirect · owns 25% to 50% of Goldman Sachs Asset Management International Holdings L.L.C.
      Related persons
      Schedule D 7.A
      • Ac Res Advisors, L.L.C.
        pooled vehicle sponsorn
      • Aptitude Investment Management LP
        investment adviserbankpooled vehicle sponsorLP sponsornRAUM $6.1B
      • Aptitude Partners Fund Gp LLC
        pooled vehicle sponsorn
      • Arrow Reinsurance Company, Limited
        real estaten
      • Asl Access Advisors LLC
        pooled vehicle sponsorn
      • Battery Ventures Opportunities Access Offshore LP
        pooled vehicle sponsorn
      • Broad Street Loan Partners IV Unlevered Advisors, S.A R.L.
        pooled vehicle sponsorn
      • Broad Street Partners Lux Gp, S.A R.L.
        pooled vehicle sponsorn
      • Broad Street Senior Credit Partners Advisor, L.L.C.
        pooled vehicle sponsorn
      • Broad Street Senior Credit Partners II Advisor, L.L.C.
        pooled vehicle sponsorn
      • Broad Street Senior Credit Partners Offshore Advisor, Ltd.
        pooled vehicle sponsorn
      • Cllf Advisors LLC
        pooled vehicle sponsorn
      • Co-Invest Aggregator Gp Ltd
        pooled vehicle sponsorn
      • Dst Opportunities II Access LLC
        pooled vehicle sponsorn
      • Folio Investments, Inc.
        broker-dealern
      • Goldman Sachs (Asia) Finance
        broker-dealern
      • Goldman Sachs (Asia) L.L.C.
        broker-dealerinvestment adviserpooled vehicle sponsorn
      • Goldman Sachs (Asia) Securities Limited
        broker-dealerinvestment adviserpooled vehicle sponsorn
      • Goldman Sachs (China) L.L.C.
        investment adviserpooled vehicle sponsorn
      • Goldman Sachs (India) Capital Markets Private Limited
        broker-dealern
      • Goldman Sachs (India) Securities Private Limited
        broker-dealerinvestment advisern
      • Goldman Sachs (Singapore) Pte.
        broker-dealerinvestment adviserpooled vehicle sponsorn
      • Goldman Sachs & Co. LLC
        broker-dealerinvestment adviserbanktrust companynRAUM $134B
      • Goldman Sachs Access Funds Gp, LLC
        pooled vehicle sponsorn
      • Goldman Sachs Alternative Assets S.A R.L
        pooled vehicle sponsorn
      • Goldman Sachs Asset Management (India) Private Limited
        investment adviserpooled vehicle sponsorn
      • Goldman Sachs Asset Management (Singapore) Pte. Ltd.
        broker-dealerinvestment adviserbankpooled vehicle sponsornRAUM $14B
      • Goldman Sachs Asset Management Australia Pty Ltd
        broker-dealerinvestment adviserpooled vehicle sponsorn
      • Goldman Sachs Asset Management B.V.
        investment adviserpooled vehicle sponsorn
      • Goldman Sachs Asset Management Belgium S.A.
        investment adviserpooled vehicle sponsorn
      Advisers that list Goldman Sachs Asset Management (Hong Kong) Limited as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      3 against comparable advisers; where to look, not conclusions
      • large related person networkStatic outlier · filing May 22, 2026
        related persons on Schedule D 7.A of 165.0 against a peer median of 13.0 (62 comparable advisers, 98.0th percentile, 11.4 robust deviations)
        peers: institutional managers, $20B and over (62) · 98% percentile
      • employee count surgeChange between filings · filing Mar 31, 2026
        employees (Item 5.A) moved from 53.0 to 96.0 (+81.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +2.0% (79 comparable advisers, 97.0th percentile of changes)
        peers: institutional managers, $20B and over (79) · 97% percentile
      • RAUM up 50 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $12,942,771,289 to $21,189,475,396 (+64.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +11.0% (83 comparable advisers, 99.0th percentile of changes)
        peers: institutional managers, $20B and over (83) · 99% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 68 to 81
        Oct 9, 2025 to Mar 31, 2026
      • Advisory employees · 22 to 53
        Oct 9, 2025 to Mar 31, 2026
      • BD registered reps · 1 to 2
        Oct 9, 2025 to Mar 31, 2026
      • Charity clients · 1 to 18
        Oct 9, 2025 to Mar 31, 2026
      • Corporate clients · 1 to 5
        Oct 9, 2025 to Mar 31, 2026
      • HNW clients · unset to 0.0
        Oct 9, 2025 to Mar 31, 2026
      • Individual clients · unset to 0.0
        Oct 9, 2025 to Mar 31, 2026
      • Pension plan clients · 1 to 2
        Oct 9, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 2 to 10
        Oct 9, 2025 to Mar 31, 2026
      • Employees · 53 to 96
        Oct 9, 2025 to Mar 31, 2026
      • Discretionary RAUM · $13B to $21B
        Oct 9, 2025 to Mar 31, 2026
      • Pension RAUM · $271M to $283M
        Oct 9, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $909M to $2.2B
        Oct 9, 2025 to Mar 31, 2026
      • RAUM · $13B to $21B
        Oct 9, 2025 to Mar 31, 2026
      • Financial planning clients · 0 to 0
        Mar 31, 2025 to Oct 9, 2025
      • Accounts · 48 to 68
        Dec 3, 2024 to Mar 31, 2025
      • Advisory employees · 24 to 22
        Dec 3, 2024 to Mar 31, 2025
      • Charity clients · 0 to 1
        Dec 3, 2024 to Mar 31, 2025
      • HNW clients · 0.0 to unset
        Dec 3, 2024 to Mar 31, 2025
      • Individual clients · 0.0 to unset
        Dec 3, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 3 to 2
        Dec 3, 2024 to Mar 31, 2025
      • HQ state · unset to
        Dec 3, 2024 to Mar 31, 2025
      • Discretionary RAUM · $16B to $13B
        Dec 3, 2024 to Mar 31, 2025
      • Pension RAUM · $260M to $271M
        Dec 3, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $717M to $909M
        Dec 3, 2024 to Mar 31, 2025
      • RAUM · $16B to $13B
        Dec 3, 2024 to Mar 31, 2025
      • Accounts · 38 to 48
        Aug 1, 2023 to Mar 28, 2024
      • Advisory employees · 33 to 24
        Aug 1, 2023 to Mar 28, 2024
      • BD registered reps · 7 to 1
        Aug 1, 2023 to Mar 28, 2024
      • Corporate clients · 0 to 1
        Aug 1, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 2 to 3
        Aug 1, 2023 to Mar 28, 2024
      • Employees · 60 to 53
        Aug 1, 2023 to Mar 28, 2024
      • Discretionary RAUM · $16B to $16B
        Aug 1, 2023 to Mar 28, 2024
      • Pension RAUM · $379M to $260M
        Aug 1, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $199M to $717M
        Aug 1, 2023 to Mar 28, 2024
      • RAUM · $16B to $16B
        Aug 1, 2023 to Mar 28, 2024
      • Accounts · 42 to 38
        Feb 9, 2023 to Mar 31, 2023
      • Advisory employees · 27 to 33
        Feb 9, 2023 to Mar 31, 2023
      • BD registered reps · 4 to 7
        Feb 9, 2023 to Mar 31, 2023
      • Pension plan clients · 0 to 1
        Feb 9, 2023 to Mar 31, 2023
      Signals
      13 dated events
      • Goldman Sachs Asset Management (Hong Kong) Limited reported RAUM $21.2B, up 64% from $12.9B (2025-10-09 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Yat Pun Tse (Director) no longer on Schedule A of Goldman Sachs Asset Management (Hong Kong) Limited (listed 2024-10-29, absent 2024-12-03)
        Dec 3, 2024 · Control person left · inference
      • Stuart Wrigley (Director) appeared on Schedule A of Goldman Sachs Asset Management (Hong Kong) Limited
        Oct 29, 2024 · Control person joined · fact
      • Nmn Tuan Lam (Director) no longer on Schedule A of Goldman Sachs Asset Management (Hong Kong) Limited (listed 2024-04-12, absent 2024-05-22)
        May 22, 2024 · Control person left · inference
      • Florence Kui (Director) no longer on Schedule A of Goldman Sachs Asset Management (Hong Kong) Limited (listed 2024-04-12, absent 2024-05-22)
        May 22, 2024 · Control person left · inference
      • Alison Lau (Director) appeared on Schedule A of Goldman Sachs Asset Management (Hong Kong) Limited
        May 22, 2024 · Control person joined · fact
      • Sara Lee (Director) appeared on Schedule A of Goldman Sachs Asset Management (Hong Kong) Limited
        May 22, 2024 · Control person joined · fact
      • Goldman Sachs Asset Management (Hong Kong) Limited reported RAUM $16.0B, down 42% from $27.4B (2023-02-09 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Ke Hung Lee (Director) no longer on Schedule A of Goldman Sachs Asset Management (Hong Kong) Limited (listed 2022-12-14, absent 2023-02-09)
        Feb 9, 2023 · Control person left · inference
      • Florence Kui (Director) appeared on Schedule A of Goldman Sachs Asset Management (Hong Kong) Limited
        Feb 9, 2023 · Control person joined · fact
      • Goldman Sachs Asset Management (Hong Kong) Limited reported RAUM $29.3B, up 38% from $21.3B (2020-10-30 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Goldman Sachs Asset Management (Hong Kong) Limited reported RAUM $21.3B, up 41% from $15.1B (2019-11-08 to 2020-03-28)
        Mar 28, 2020 · RAUM change · derived
      • Goldman Sachs Asset Management (Hong Kong) Limited filed its initial SEC registration (Form ADV)
        Aug 23, 2017 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      am.gs.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      852 2978 1000reportedpublic record, Form ADV, May 22, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Institutional managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026