Goldman Sachs AM repositions Global Energy Equity fund to focus on environmental transition

GSAM Global Environmental Equity

Valeria Martinez
clock • 2 min read

Goldman Sachs Asset Management has repositioned the former Global Energy Equity fund to focus on high-emitting companies that are seeking to reduce their environmental impact.

The Global Energy Equity fund, which was a legacy NN Investment Partners product, was managed with a quantitative approach and a narrow focus on the energy sector. However, the newly launched Goldman Sachs Global Environmental Equity strategy uses the structure of the former legacy vehicle but has a new investment universe and is managed by GSAM's fundamental equity team.  The Article 8-classified fund focuses on companies with a heavy environmental footprint that are seeking to improve their business models and sustainability profiles. Goldman Sachs AM raises $200m for its debut p...

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