EXCLUSIVE: Goldman Sachs to raise $8 billion for new buyout fund - sources via julie_zhuli
), have spun out or divested their private equity arms in recent years following the adoption of the Volcker Rule, which limited banks from investing their own balance sheets in funds.
Goldman’s new fund will focus on deals where it gets majority control, with the goal of deploying 60% of the capital in America, said the first person. It also plans to make about 25 investments in various sectors, with the deal size ranging between $150 and $600 million. Goldman declined to comment. The sources declined to be identified as they were not authorized to speak to the media.
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