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July 7, 2021

Goldman Sachs, NAIC partner to diversify alternative investment space

By Verdict Staff

Goldman Sachs Asset Management has formed a joint multi-year partnership with National Association of Investment Companies (NAIC) with the aim of diversifying the alternative investment space.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

As part of the collaboration, Goldman Sachs will support NAIC initiative to establish the Next Generation of Private Equity Firms Symposium (NextGen) and the Women in Alternatives Initiative (WIAI).

NextGen targets to train individuals who recently launched a fund or are looking to launch one in the next 12 months.

The series will consist of intensive virtual training sessions designed to educate and empower a new generation of ethnically diverse and female general partners.

WIAI aims to increase the number of women in the private equity and hedge fund space.

As part of this initiative, the companies plan to utilise a three-pronged strategy to address the under-representation of diverse female professionals within the alternative investments industry.

Goldman Sachs head of Launch With GS Suzanne Gauron said: “At Goldman Sachs, we believe diversity and inclusion is imperative not just for our firm, but also for our clients.

“We are excited to partner with NAIC to help foster the growth of the next generation of diverse investment managers.”

The partnership builds on Goldman Sachs’ initiative to diversify its capital allocation as well as talent pipeline. It will expand the firm’s exposure to a spectrum of diverse-owned asset management firms.

Commenting on the development, NAIC president and CEO Robert Greene said: “Together, our organisations will accelerate the formation of relationships between Goldman Sachs and some of the foremost diverse asset managers. We are excited to be a part of such a game-changing undertaking.”

Last month, Goldman Sachs reportedly teamed up with cryptocurrency merchant bank Galaxy Digital to start trading bitcoin futures.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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