Goldman Sachs Asset Management Raises $7B For New PE Secondaries Fund
Jun 15 2017 | 11:43pm ET
Goldman Sachs Asset Management (GSAM) has reportedly raised more than $7 billion for a new private equity secondaries fund, significantly exceeding its $5 billion target.
The new fund, named Vintage VII, purchases secondhand stakes in private equity funds and will focus on buyout and distressed strategies in developed…