Goldman Growth Fund Boosts Bets on India as China Interest Cools
- Goldman to deploy 25% of $5.2 Billion growth fund in Asia
- Half of Goldman’s growth capital invested in Asia since 2003
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Goldman Sachs Group Inc. is ramping up investing its clients money in India and developed markets in Asia-Pacific as interest in China cools amid political and economic friction.
The New York-based bank is targeting to invest a quarter of its newly-raised $5.2 billion growth fund in the region, people familiar with the matter said, who asked not to be named discussing internal information.