Goldman Sachs PE arm eyes up to $17bn across loan, special situations fundraises – report


The private equity arm of Goldman Sachs is reportedly eyeing up to $17bn across a pair of new fundraises targeting private debt and special situations investments.

Goldman Sachs Merchant Banking Division is eyeing $7bn for Broad Street Loan Partners IV, and up to $10bn for West Street Strategic Solutions I according to Reuters, which cited documents from the Connecticut’s Municipal Employees Retirement System.

Broad Street Loan Partners will target senior loan deals in the upper middle market and smaller deals in the broadly syndicated loan market, the report said, while WSSS I will invest in transactions that include growth capital and balance sheet restructurings.

WSSS has already hauled in about $6.4bn to date, and Loan Partners IV about $1bn, SEC filings show.

Connecticut’s Municipal Employees Retirement System is considering a $350m commitment to Goldman across a range of funds, including WSSS I and Loan Partners IV, the report added.

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