You can find original article here WealthManagement.
Subscribe to our free daily WealthManagement newsletters. – Goldman Sachs Group Inc. and T
Rowe Price Group Inc. are launching their first interval fund for the masses as Wall Street races to bring private investments to Main Street. The T. Rowe Price Goldman Sachs Private Markets Fund, which will invest across four alternative asset classes, will be open to all, with no accreditation needed, and have a minimum investment limit of $2,500, according to an emailed statement.
Goldman Sachs Asset Management will provide allocations in private equity, private infrastructure and real estate, while T. Rowe will contribute the liquid part of the fund alongside late-stage venture capital. T.