Going Private

Goldman and T. Rowe Form the Latest Big Private Market Partnership

The firms are buddying up to sell products to retail investors

T.Rowe Price is teaming up with Goldman Sachs to sell private-market products to retail investors

Photographer: Al Drago/Bloomberg
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Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at Goldman Sachs’ partnership with T.Rowe Price and Wellington’s ambitions to make it big in alternatives. Plus, the three letter acronym helping to fuel private credit secondaries — Silas Brown.

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Another week, another big-league partnership.