Deals

Goldman Plans to Raise About $2 Billion For a New Venture Fund

  • Conversations are early and fund size could still change
  • Growth-stage fund to be part of merchant banking group
Goldman Sachs Group Inc. headquartersPhotographer: Jeenah Moon/Bloomberg
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Goldman Sachs Group Inc. is considering raising a venture and growth fund of around $2 billion, a move that would make it a bigger player in the competitive world of technology investing, according to people familiar with the matter.

A $2 billion fund for investing in growth- and venture-stage companies would be one of larger ones in the industry and could give the bank an edge with large startups that are seeking big checks from investors.