Goldman Sachs Launches $700 Million Superfund, Garnering Support from Institutions and Private Wealth Clients

Goldman Sachs raises $700 million for new superfund, targeting investment opportunities in public and private markets. The fund, named Union Bridge Partners 1, has already deployed 40% of the capital into various sectors. Goldman aims to expand its private credit portfolio to $300 billion within five years. Shares surge over 4% on Wall Street.

about 2 months ago