Goldman Sachs Asset Management said Tuesday it had closed a $5.2 billion direct private markets fund that invests in high-growth businesses.. | February 7, 2023
The fundraise marks the largest first-time growth equity fund in history among global investors, surpassing the $4.5 billion raised by Blackstone two years ago.
Through the growth equity fund, Goldman Sachs aims to invest in high-growth businesses with strong market positioning, high growth rates and durable business models
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The Hilb Group has acquired a book of commercial property/casualty business in the tri-state region. Hilb Group did not identify the seller or size of the