Goldman Sachs Alts launches infra strategy for private wealth market
Goldman Sachs Alternatives has launched a new open-ended, global infrastructure strategy for its private wealth management clients.
The G-INFRA strategy will provide qualified individual investors globally with access to a range of Goldman Sachs Alternatives strategies in private credit, real estate and private equity. It will target investments in directly originated core-plus value add private infrastructure in the mid-market, as well as secondaries and liquid assets.
“The current opportunity set in infrastructure is both exciting and expansive, driven by key megatrends including digitisation and decarbonisation,” said Tavis Cannell, global head of infrastructure at Goldman Sachs Alternatives.
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“This evergreen product will provide wealth clients with a way to invest alongside our flagship institutional strategies across our infrastructure platform.”
The launch is part of the firm’s ongoing efforts to expand access to its $500bn (£408.19bn) alternatives platform for professional investors, including qualified individuals.
“The development of the private infrastructure market is creating significant opportunities for secondaries investors to provide liquidity solutions and gain access to mature, cash-flowing infrastructure assets,” said Henry Willans, head of infrastructure for vintage strategies at Goldman Sachs Alternatives.
“We are pleased to bring our experience investing in infrastructure secondaries to this new strategy.”
Infrastructure at Goldman Sachs Alternatives was established in 2006 and has invested $16bn across 40 portfolio companies since inception. The business has a long track record of investing across the key sectors of infrastructure, including energy transition, digital infrastructure, transportation & logistics and circular economy.
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“Infrastructure is a unique asset class with resilient and predictable cashflows, embedded inflation protection, and low correlation to other asset classes,” said Stephanie Rader, global co-head of alternatives capital formation at Goldman Sachs Alternatives.
“We are pleased to have launched this evergreen format that will broaden access to the investment strategy.”
G-INFRA will have US and Luxembourg-registered versions. It will be accessible to Goldman Sachs Private Wealth Management clients, as well as through an exclusive distribution arrangement with HSBC Global Private Banking in certain markets, among select partners in other jurisdictions.
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