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.

Online investment-linked finance company Eight Percent is acquiring token securities operator Apanda Partners to expand into the digital alternative investment market. Eight Percent said it made a strategic investment to become Apanda Partners\' largest shareholder. Key shareholders were reshuffled to include Eight Percent, Shinhan Investment Corp and EQBR. Apanda Partners plans to structure various asset-backed claims into digital products and will independently handle securities-related work after obtaining required approvals.