WILLIAMS CAPITAL TO MANAGE $1 BILLION FOR GOLDMAN SACHS

CW_intro_picNew York, N.Y., May 19, 2009 – Williams Capital Management, LLC, a wholly-owned subsidiary of The
Williams Capital Group, L.P., announced today that The Goldman Sachs Group, Inc (NYSE:GS) selected
Williams Capital to manage $1 billion of U.S treasury and government agency securities.
The investment will provide Williams Capital with a significant increase in its assets under management.
Because many prospective investors require that managers have a minimum amount of assets under
management before they invest, this investment is expected to be very significant in helping Williams Capital
grow its business.
Chris Williams, CEO of The Williams Capital Group, said, “Goldman Sachs’ investment will enable us to
bring our conservative investment strategies to a wider group of prospective clients who had previously been
unable to consider investing with us.”
Goldman Sachs Treasurer Liz Beshel commented, “Our balance sheet is very liquid. Chris brought us a
timely proposal that helps us manage our liquidity position while also providing the added benefit of helping
Williams Capital grow its asset management business. We look forward to continuing our long-standing
relationship with Chris and his team.”

About Williams Capital Management, LLC and The Williams Capital Group, L.P.
Williams Capital Management, LLC manages a range of fixed income investment products including high
yield bonds, short and limited duration investment grade securities, and money market investments. As the
adviser to the 2a-7 Aaa/AAAm-rated U.S. Government Money Market Fund (the Fund), and its predecessor
Liquid Assets Fund, Williams Capital Management has served institutional investors since 2003. The Fund
provides shareholders with daily liquidity and achieves its objective of capital preservation through its
investment only in U.S. government money market fund-eligible instruments. Notably, Williams Capital
Management’s decision in 2008, to offer its Fund shareholders only a conservative government money
market strategy, enabled the Fund to maintain its Moody’s and Standard and Poor’s triple-A ratings and
provide shareholders with daily liquidity during the difficult period for money market funds in September
2008.
Page

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s