US-based Goldman Sachs plans to establish a new private equity fund worth from $5 billion to $8 billion, its first fund since the 2008 financial crisis.
Goldman aims to raise about $500 million of investment in the new fund and give part of its capital in order to meet post-crisis standards.
The new buyout fund will be smaller than previous ones. According to economists’ estimates, it will be less than half the $20 billion Goldman raised in 2007 for GS Capital Partners VI.