Goldman plans to raise outside money for its $30b special-situations group which has been run since 2013 by Julian Salisbury, a detail-oriented Brit who joined the firm’s management committee two years ago.
| less than a minute read
Goldman Sachs to Open Up In-House Moneymaker to Outside Investors
Get in touch
.jpg)
Get in touch
“Based on our track record, there is an opportunity to raise additional third-party funds across equity, credit and real estate,” Goldman Chief Executive David Solomon told analysts earlier this year. “We have a world-class alternative investing franchise, which has generated strong returns over three decades [and] presents us with extraordinary opportunities to partner with clients to invest their capital alongside our own.” In a memo to employees last week entitled “Our Forward Strategy,” Mr. Solomon said growing the bank’s alternative asset-management business is a priority.
Get in touch
Get in touch
