Goldman Sachs Alternatives has unveiled its latest private equity fund, G-PE, as part of its ‘G-Series’ suite of open-ended private markets funds.
The launch is a significant step toward increasing access to private market investments, building on the firm’s 36-year legacy as an innovator in the space.
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With its evergreen private equity approach, the G-PE fund gives investors exposure to all of Goldman Sachs’ premier private equity businesses. Opportunities in co-investment, growth, buyout, and secondary strategies are all included in this.
Additionally, through Goldman Sachs Private Wealth Management and a few third-party distributors, the action is a part of a larger initiative to increase professional investors and qualified people’ access to private market investments.
Goldman Sachs’ G-Series funds were created to simplify access to a wide range of alternative assets, including Private Equity, Infrastructure, Real Estate Credit, and Private Credit. With over $500bn in assets under management through its Alternatives platform, the firm hopes to address the growing demand for investments that provide diversity outside of traditional public markets.
The debut comes as institutional and individual investors look for new methods to diversify their portfolios with assets that are less tied to public equities and bonds. The private market landscape has altered, with more companies choosing to remain private for longer periods of time, resulting in a shift in investment strategy.
Kristin Olson, Global Head of Alternatives for Wealth at Goldman Sachs stated: “As more companies opt to stay private for longer and a greater share of economic growth occurs in private markets, investors will need to look beyond the public markets. We believe private market investments can help our clients with the appropriate risk profile build a more diversified portfolio and are pleased to take advantage of product innovations to expand access and opportunities for them.”
The extension of the G-Series demonstrates the firm’s commitment to meeting the changing needs of investors seeking long-term growth and stability in private markets.
