Goldman Offers Interns Jobs in Private Equity — Within the Firm

Goldman Sachs Group Inc. is launching a program aimed at dissuading interns who get full-time offers from later jumping ship for potentially more lucrative jobs at private equity firms and other competitors.

For those interested in buy-side careers, Goldman will offer “an early entry point,” according to an internal memo seen by Bloomberg News. Selected applicants will get a full-time offer to join investment banking, followed by a shift to its asset-management unit — which has a private-markets arm — after two years.