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Market Chatter: Goldman Sachs Launches New Platform For Direct Private Company Stakes

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Goldman Sachs (GS) has launched a new platform to expand its offerings for wealthy clients and family offices seeking direct stakes in fast-growing private companies, CNBC reported Tuesday, citing a memo.

The new group, called the alternative investments platform, combines Goldman's alternatives business with two new teams, the report added.

Goldman Sachs did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $1082.83, Change: $+27.80, Percent Change: +2.63%

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