Goldman Sachs secures $11.7 billion for private equity, targeting middle-market growth and expansion in Asia as it moves toward a $750 billion assets-under-supervision goal by 2030.
Goldman Sachs successfully closed an $11.7 billion private equity fund, signaling strong investor demand and potential fee income growth.
Goldman Sachs Alternatives has successfully closed $11.7 billion in capital commitments across its latest private equity vehicles. The flagship West Street Capital Partners IX fund secured $9.6 billion, while the firm's new Asia-focused strategy attracted $1.6 billion to bolster its global expansion efforts.
The funds target middle-market companies valued between $500 million and $3 billion, with a focus on value creation and exits within a four-to-five-year holding period.