Jul
21
Goldman Said to Plan Buyout Fund Wielding Up to $8 Billion
By-
Firm to contribute small amount of capital under new rules
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Some employees may participate, helping align interests
Goldman Sachs Group Inc. is about to start raising money for its first private-equity fund since the financial crisis, potentially gathering $5 billion to $8 billion, according to a person with knowledge of the matter.
The fund won’t be as large as some of the investment bank’s earlier vehicles, and the firm will contribute a relatively small amount of the capital because of post-crisis restrictions on risk-taking by banks, the person said, asking not to be identified because the plans are confidential…
Goldman Said to Plan Buyout Fund Wielding Up to $8 Billion
