The only thing I've seen which might be helpful is a
weak-field analysis of a ring laser by Mallett.
http://www.physics.uconn.edu/~mallett/Mallett2000.pdf
Mallett has a strong field analysis of a cylinder of light, but it has been criticised in the literature and I personally agree with the criticisms.
http://www.arxiv.org/abs/gr-qc/0410078
I'm not aware of any problems with the Mallett's weak-field analysis, though I have some concerns about the beam profiles
Finding a beam profile solution that obeys Maxwell's equations is trickier than it seems - see some of the discussion about Gaussian beams on PF, there was another beam profile that looked promising (think it was a Bessell or non-diffractive beam profile, I'm not sure anymore).
I'm not sure what the equivalent of satisfying Maxwell's equations is for gravity wave beams offhand.
You can probably sidestep some of the beam profile issues if you imagine that the field is being created by massive particles moving very close to c so that their invariant mass * c^2 is much less than their energy, but this gets you a step away from your original idea.