Goldman Plans Deals to Put Private Investments in 401(k) Funds

Goldman Sachs Group Inc. is in talks to put its private-market investments into US retirement funds, a step to bringing the Wall Street firm’s products to more mainstream investors as rules ease.

“We’ve been active discussions around partnerships with others in the retirement channel,” Chief Executive David Solomon said on an earnings call with analysts Wednesday. “We see this as a pretty significant opportunity.”

The executive’s comments come amid a push by private equity firms to expand their pool of investors to retirement funds across the country, including the $12 trillion in employer-sponsored accounts. President Donald Trump’s administration is ...