Bloomberg Law
Feb. 7, 2023, 12:00 PM

Goldman Sachs Raises $5.2 Billion for Private Equity Growth Fund

Cathy Chan
Cathy Chan
Bloomberg News

Goldman Sachs Group Inc. raised $5.2 billion for a private equity fund that will buy early-stage companies that are typically small in size, a sign of confidence in an industry that’s confronting strong headwinds.

Goldman Sachs Asset Management’s West Street Global Growth Partners I exceeded its initial target and received $3.7 billion from institutional and high net worth investors, according to a statement Tuesday. It also got a significant commitment from the firm and its staff, it said.

The fund targets enterprise and financial technology, as well as the healthcare and consumer sectors, where the pace of innovation “shows no ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.