Investing big: A pedestrian passes in front of 200 West Street, which houses the headquarters of Goldman Sachs Group Inc in New York. Goldman’s new fund is the firm’s eighth in the business and 43% larger than the US$7.2bil pool raised in 2016. — Bloomberg
NEW YORK: Goldman Sachs Group Inc raised US$10.3bil for a new fund that will primarily buy private equity stakes as interest in such deals intensifies.
Harold Hope, Goldman’s global head of secondary investing, said the fund is his group’s largest and includes about US$250mil of internal capital.
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