Goldman Sachs AM raises $200m for its debut private markets ELTIF

Available to high-net-worth investors

Goldman Sachs Asset Management has launched its first private markets European Long Term Investment fund, in a raise exceeding $200m.

The Private Markets ELTIF 2023 will provide individual investors access to direct private markets investments managed by GSAM. It will mostly comprise private equity assets alongside a smaller allocation to higher yield private credit, it explained. LTAF retail extension receives mixed reaction as platforms weigh challenges The allocation will aim to reflect areas of the market where "deal flow is most active", GSAM said, with global diversification in mind. The company added the ELTIF is intended to be the first in a series of private markets ELTIFs, all targeted to high-net-wo...