Goldman Sees Lucrative Lifelines in Easing Private Equity Logjam

Goldman Sachs Group Inc. is looking to capitalize on helping private equity clients saddled with bets they can’t exit.

The bank’s asset-management arm is raising some of its biggest funds to help cash-strapped private equity firms and portfolio companies. Many of those firms have struggled to return cash to investors in a muted environment for mergers and initial public offerings, and are trying to ease that liquidity logjam.