Goldman Raises $14 Billion For Private Equity Secondaries Fund

  • Secondaries market favors buyers, says GSAM’s Harold Hope
  • GSAM also raises about $1 billion for new infrastructure fund
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Goldman Sachs Asset Management has raised $14.2 billion for a new vehicle to buy stakes in private equity funds.

The US investment firm closed the Vintage IX fund with commitments from institutional investors, high-net worth individuals and Goldman Sachs employees, according to a statement Wednesday.