Goldman Sachs AM raises $4 billion for its West Street Infrastructure Partners IV fund – 10/23/2023 at 2:24 p.m.


(AOF) – Goldman Sachs Asset Management today announced the final closing of its West Street Infrastructure Partners IV fund and its associated vehicles (WSIP IV). The fund has raised $4 billion in total, in line with its initial goal. This is the latest in a series of flagship funds dedicated to investing in value-add infrastructure, focused on the middle market.

The capital was raised from a diverse group of institutional and high-net-worth investors, and includes significant investments from Goldman Sachs and its employees.

WSIP IV has already invested $2.3 billion in eight geographically and industry-diverse companies, including Synthica, a U.S. developer and operator of organic and renewable gas plants.

This closing comes shortly after that of Goldman Sachs’ first secondary infrastructure fund, Vintage Infrastructure Partners I, which raised $1 billion in equity in September 2023.

AOF – LEARN MORE



Source link -86