The Private Markets Play: Goldman Sachs' Latest Move to Corner the AI Boom The recent announcement from Goldman Sachs about creating a private markets platform for wealthy clients and family offices has generated significant excitement in financial circles.
On closer inspection, however, this move appears to be a calculated play by Goldman Sachs to capitalize on the burgeoning AI boom.
Goldman's new platform combines its existing alternatives business with two newly established teams focused on direct investments in individual private companies rather than broader private equity funds.