Goldman Sachs Asset Management

The merits of GP stakes investing are already well understood by many institutional investors in the private markets. We believe the strategy is about to gain traction among a broader investor base too. Why now? “We are now at a point where the industry has close to two decades of track record to share,” explains Robert Hamilton Kelly, our global co-head of Petershill strategies, in a recent interview with Private Equity International. “Prospective investors are looking at data and not projections, which is clearly very helpful when explaining what this strategy has to offer.” The strategy, which makes private equity investments in alternatives firms, also offers the potential of both income and capital appreciation – a distinctive combination. “That is what makes this strategy different and what makes it so attractive,” Robert adds. Learn more about GP stakes investing, including our unique approach to sourcing opportunities: http://ms.spr.ly/6043qUeLS

We are pleased to share the news of our Sustainability team’s recent investment in Atlas-SSI, North America’s leading full-service provider of water management solutions. The increasing need for water infrastructure upgrades and the demand for reliable water management solutions positions Atlas-SSI well in the market. We are excited to support Atlas-SSI in scaling its operations and expanding its reach to meet the growing demand for sustainable water solutions across North America. Read more in the press release: http://ms.spr.ly/6048qU3Nm

Investors are increasingly drawn to private credit, and many are looking to Asia as a destination for capital deployment. At our recent Asia Pacific Alternatives Summit, we hosted over 600 delegates across Hong Kong, Taipei, Seoul, Sydney and Singapore for discussions on the evolving dynamics of alternative investing. “Many of my client conversations focus on private credit these days,” said Matt Gibson, global head of our Client Solutions Group, “yet I still find many investors under-allocated.” Investor interest in private credit is not only strong but also expanding geographically, with a notable focus on Asia. Speakers at the Summit discussed the potential opportunities in the region’s maturing market, which may offer new avenues for direct lending in key growth areas and specific industries. We believe a nuanced understanding of local markets and the need for careful due diligence is critically important when evaluating private credit investments in Asia. Thank you to all those who attended.

What does true product innovation look like in asset management? “Product innovation isn’t about chasing trends but understanding the evolving needs of advisors and their end-clients,” said Bryon Lake, our chief transformation officer, at Future Proof Citywide in Miami 🌴 “This dual focus allows us to not just meet market demand but anticipate and continuously innovate our offerings.”

It was a pleasure to welcome clients to our annual conference in the Netherlands where we explored key macroeconomic trends and the power of data in AI, with insights from James Ashley and Hania Schmidt, CFA. We also delved into the evolving sustainability landscape, and had the pleasure to hear Lieutenant General Elanor Boekholt-O'Sullivan’s inspiring perspective on the importance of resilience and leadership. In a discussion about biodiversity investing with Campbell Watson from IBM Research, and Sebastiaan Reinders, Sarah Lawlor commented, “a key step is improving how we identify both risks and opportunities related to biodiversity within public markets. This involves building analytics tools to identify both risks and opportunities within public portfolios, expanding investment solutions, and fostering partnerships with technology leaders to advance knowledge.” Read more of our views on making biodiversity investing actionable: http://ms.spr.ly/6046qiqg0

“Global investors, both on the institutional and on the high-net-worth side, are continuing to increase their allocation of their capital into the private space,” said Marc Nachmann, global head of Asset and Wealth Management at Goldman Sachs, in a recent interview with Bloomberg in Australia. Private credit and secondaries have been of particular interest over the last couple of years, he added. Looking ahead, Marc believes “the boundaries between the public and private markets will become softer and we’ll see more of a continuum between the two markets”. Marc also discussed how we continue to serve our clients in Australia, where he is currently attending our Asia Pacific Alternatives Summit, which takes place this month in five cities across the region. Watch Marc’s interview in full: http://ms.spr.ly/6043q93ah.

We spent an inspiring couple of days at Infrastructure Investor Network’s Global Summit in Berlin last week, where we shared insights with clients and industry partners on some of the key trends for infrastructure investors. View our key takeaways and the views of our Global Investment Research team below ⬇️ Discover more of our views on the megatrends and mid-market opportunities in infrastructure investing in a recent article by Philippe Camu and Tavis Cannell: http://ms.spr.ly/6041q9zpD #IIGlobalSummit

A ‘great pivot’ towards illiquidity, alternative investments, and the adoption of AI is underway among insurance investors, according to our 14th annual Global Insurance Survey. Capturing the views of more than 400 CIOs and CFOs, representing $14 trillion in global balance sheet assets, the report delves into trends across the global insurance industry. Read the report to learn what’s top of mind for some of the world’s largest insurance investors: http://ms.spr.ly/6045q5fZT

We’re pleased to share the news of our Growth Equity team’s recent investment in Navina, a market leader in AI-powered clinical intelligence. We believe AI is rapidly transforming modern healthcare and we see Navina’s great potential in making any patient interaction more impactful and effective. We are excited to support the next stage of Navina’s growth as it expands quickly across the US healthcare market and further develops its AI copilot for physicians and care teams. Read more in the press release: http://ms.spr.ly/6047q5F0D

Amid significant market volatility, Brook Dane joined CNBC to explain how the current equity market may represent an opportunity for technology investors. “We’re shifting capital [...] to take advantage of what we think is a temporary dislocation,” he said. Watch the interview to hear why he remains positive on the outlook for the sector: http://ms.spr.ly/6041qeeMH