West Street Partners Viii Reaches Close

Goldman Sachs Asset Management Closes Final Fund

West Street Partners VIII Reaches Close

Buyout Fund Raises Significant Capital

NEW YORK, October 23, 2023 -- Goldman Sachs Asset Management today announced the final closing of West Street Capital Partners VIII, a 2020 vintage buyout fund managed by Goldman Sachs Asset Management. The fund closed at its hard cap, with total commitments of $9.7 billion from a diverse group of global investors, including pension funds, sovereign wealth funds, insurance companies, and family offices.

West Street Capital Partners VIII invests in middle-market companies across a variety of industries, with a focus on healthcare, technology, and consumer products and services. The fund's investment strategy is to acquire controlling interests in companies with strong management teams and the potential for significant growth.

Goldman Sachs Asset Management is one of the world's leading asset managers, with over $2 trillion in assets under management. The firm offers a wide range of investment products and services to a global client base, including institutional investors, financial intermediaries, and individuals.

Conclusion

The closing of West Street Capital Partners VIII is a testament to Goldman Sachs Asset Management's strong track record of investing in middle-market companies. The fund's global investor base and diverse portfolio of investments position it well to generate strong returns for its investors over the long term.