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Goldman and Evercore are looking into funds that let private equity firms keep their investments for 15 years.

MarketRead the original at Benzinga
Neutral

Goldman Sachs is exploring a fund format that could create more advisory work. The talks are early, with no reported fund launch or added fees, and questions remain about manager pay and investor withdrawals.

GS · Goldman Sachs

AI read · Neutral

The AI's read

A new fund format could give Goldman Sachs more work helping private equity clients manage investments. But the talks are early, and the story reports no signed fund or added fees for Goldman. Questions also remain about manager pay and investor withdrawals.

EVR · Evercore

AI read · Neutral

The connection

Evercore is exploring a fund format that could create more advisory work. The talks are early, with no reported fund launch or added fees, and questions remain about manager pay and investor withdrawals.

JEF · Jefferies Financial Group

AI read · Neutral

The connection

Jefferies is looking into the fund format, which could create more advisory work. The story reports no fund launch or added fees, and questions remain about manager pay and investor withdrawals.

RJF · Raymond James Financial

AI read · Neutral

The connection

Raymond James is looking into the fund format, which could create more advisory work. The story reports no fund launch or added fees, and questions remain about manager pay and investor withdrawals.

LAZ · Lazard Inc.

AI read · Neutral

The connection

Lazard is looking into the fund format, which could create more advisory work. The story reports no fund launch or added fees, and questions remain about manager pay and investor withdrawals.

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