The new unit targets wealthy clients and family offices seeking direct stakes in fast-growing private companies.
Goldman Sachs has introduced a platform enabling high-net-worth clients and family offices to invest directly in private companies. The initiative aims to capture demand for early-stage growth opportunities outside public markets.
The move follows rising interest from affluent investors in private equity and venture capital. Goldman’s stock climbed 2.6% in late trading following the announcement, reflecting market optimism about the firm’s expansion into alternative assets.
No immediate details on fees or minimum investment thresholds were disclosed. The platform competes with offerings from rivals like JPMorgan and Morgan Stanley in the private wealth space.