– Goldman Sachs Alternatives has closed its ninth flagship private equity fund, West Street Capital Partners IX (WSCP IX), at $9.6 billion.
– Including $1.6+ billion raised for its pan-Asia strategy, West Street Asia Equity Partners I, and $500 million for related co-investment vehicles, Goldman Sachs has raised $11.7 billion for its current global private equity vintage.
– WSCP IX is the ninth vintage of Goldman Sachs Alternatives’ flagship buyout platform.
– Since 1986, the private equity team has invested more than $89 billion globally.
– The fund attracted capital from institutional and high-net-worth investors across North America, Europe and the Middle East, alongside significant commitments from Goldman Sachs and its employees.
– WSCP IX will focus primarily on control-oriented, upper mid-market investments.
– Target sectors include services, financials, technology, healthcare, consumer and energy transition.
– The fund has already invested in Schellman, Numantec, Excel Sports and Mace, spanning cybersecurity, medical devices, sports representation and infrastructure/project management.
– Brad Gross, Global Co-Head of Private Equity, Goldman Sachs Alternatives: “This fundraise builds on our long history as a leading private equity platform,” highlighting Goldman Sachs’ global scale, network and expertise in sourcing investments and creating value across market cycles.
– Michael Bruun, Global Co-Head of Private Equity, Goldman Sachs Alternatives: “Our experienced team is well-positioned to identify areas of opportunity and execute resilient investment strategies,” while helping portfolio companies navigate AI transformation and scale.
– Portfolio companies will have access to the GS Value Accelerator, providing operating advisors and sector specialists across AI and technology, revenue growth, talent, operations, finance, strategy and sustainability.
