Goldman Sachs is reviewing its collection of alternative investment businesses and it's part of a plan under the new CEO to simplify the bank's strategy

ledge of the review.

The Wall Street firm manages private equity, private credit, real estate and infrastructure funds in its merchant banking division. It also manages a host of alternative investments out of its asset management arm, including private equity and private credit strategies, as well as commodities and hedge funds.

The alternatives review is in the early stages and the management team may ultimately decide to keep the structure as is, according to one of the people. When it comes to the review of the alternatives business, one part of the analysis is focused on reducing the duplication that occurs by having similar businesses housed in different areas of the firm, one of the people said.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs: Buy these fast growers to beat market as overall earnings growth slowsIn an economic slowdown, investors should look to companies with above-average sales growth as the rest of the market is weighed down by rising costs, according to Goldman Sachs. Coors cannabis JV partner HEXO true growth story. Earnings on Thursday for first full quarter since Canada legalized recreational cannabis.
Source: CNBC - 🏆 12. / 72 Read more »