Private wealth backs Goldman Sachs AM's $7bn real estate credit fundraise

Extended investor base

Valeria Martinez
clock • 1 min read

Goldman Sachs Asset Management’s alternatives arm has closed its latest real estate credit strategy above target, with a growing share of commitments coming from the private wealth client segment.

In the final close of the firm's West Street Real Estate Credit Partners IV and related vehicles, GSAM has amassed a pool of capital representing over $7bn of lending capacity, including leverage, making the fundraise the largest to date in its series. Alongside long-standing institutional allocators, investors from family offices, Goldman Sachs Private Wealth Management, and third-party wealth channels also made significant commitments. Jeff Fine, global co-head of alternatives capital formation at Goldman Sachs Alternatives, said the firm's real estate offering has become an "increa...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Alternatives

Trustpilot