Goldman Sachs Asset Management raises $700m for Union Bridge Partners I fund.
Goldman Sachs Asset Management has raised $700m for its new fund, Union Bridge Partners I, which will co-invest alongside hedge funds and private credit firms in public and private markets. The fund is part of Goldman's $340bn External Investing Group and has already deployed 40% of its capital across North America and Europe. Goldman aims to expand its private credit portfolio to $300bn in five years.
March 21, 2024
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