Goldman Sachs Asset Management has raised its fifth private equity secondaries fund, GS Vintage Fund V, with approximately $5.5 billion in capital commitments.
Limited partners in the fund include existing and new institutional and private investors throughout the Americas, Europe, Asia and Australia.
GS Vintage Fund V will focus primarily on acquiring portfolios of private equity assets, including LP interests in private equity funds, as well as providing unique liquidity and capital applications to both LPs and GPs around the world.
The GS Vintage Funds evaluate opportunities ranging from $1m to over $1 billion in size, across all private equity strategies and geographies.
GS Vintage Fund V is the latest fund raised by the Alternative Investments & Manager Selection (AIMS) Group of Goldman Sachs. The AIMS Group provides investors with diversified and customised portfolio applications across traditional long-only managers, hedge funds, and private equity funds around the world. To date, the private equity strategies of the AIMS Group represent more than $32 billion of capital commitments across private equity funds of funds, secondary market funds and co-investment vehicles.
Last month, Goldman Sachs was reported to be planning a bid to take USJ Co, the operator of Japan’s Universal Studios theme park, private. The proposed deal is estimated to be worth as much as 60 billion yen ($602 million).
D.C.