| Mobile Web

Goldman Sachs launches investment platform targeting pre-IPO unicorns

Goldman Sachs has created a new investment platform for wealthy clients and family offices focused on late-stage private companies. The bank consolidated its alternative investment operations into a new unit that supports direct investment in individual private firms and helps clients buy and sell unlisted stakes. It is also formalising a business to provide liquidity in private holdings through a new secondary advisory team, reflecting rising demand tied in part to an AI investment boom.