New York–based Goldman Sachs Hedge Fund Solutions, with nearly $28 billion in assets under management, is one of few fund-of-fund firms to consistently grow its business after bottoming out in 2010, despite the general investor backlash against the industry. As the global financial system sat on the verge of collapse in 2008, many investors were strapped for resources and turned to HFS to take advantage of the broader Goldman Sachs network and risk management knowledge. Risk management, operational due diligence and thoughtful manager selection became more important than ever…