From Yahoo Finance: 2025-06-02 09:26:00

Goldman Sachs Group Inc. is launching its 10th flagship secondaries fund to help investors exit buyout funds, aiming to surpass the $14.2 billion raised for the previous fund. Private equity investors, like college endowments, are turning to secondary sales to address liquidity issues amid a slowdown in deal activity. Trump’s feud with universities further complicates the private equity market, pushing big endowments towards secondaries. Last year, secondary transactions totaled about $160 billion, with other asset managers also capitalizing on the trend. Yale and Harvard are exploring sales of fund stakes to manage financial challenges. Goldman Sachs’ secondaries business grew to $44 billion by the end of last year, led by Harold Hope.



Read more at Yahoo Finance: Goldman Eyes Biggest Fund Yet to Snap Up Discarded Buyout Stakes