On July 10, JL McGregor & Company and Goldman Sachs Group signed a strategic investment agreement. Under the agreement, Goldman Sachs has agreed to make a strategic investment totalling US$7 million in the firm.

In connection with this investment, Goldman Sachs and JL McGregor have also entered into a distribution agreement whereby JL McGregor's products and services will be offered to Goldman Sachs'clients as part of Goldman Sachs¡¯ Hudson Street Services platform. JL McGregor & Company will also use its extensive network of China contacts to help Goldman Sachs' growing consulting network, Vantage Marketplace LLC, build its network in China.

JL McGregor & Company is a China-focused independent research and consulting firm. Currently, it provides two types of products and services: the regularly published industry research and the customer-tailored research. All the customers of JLMcGregor & Company are global investors. Most of them are hedge funds. Other investors include private equity funds, and assets management companies.