Goldman Sachs Asset Management

As private equity continues to evolve, we believe it’s becoming increasingly accessible to individual investors, not just institutions. In our latest Goldman Sachs Investment University webinar, our experts highlighted regulatory changes creating new opportunities for individual investors to tap into private equity's potential. With the rise of evergreen fund structures and a focus on value creation over financial engineering, the industry is adapting to new market realities. Watch the webinar on demand to gain valuable insights into private equity's key benefits, risks, and practical considerations for investing: http://ms.spr.ly/6046s79XO

We are pleased that Eli Lilly and Company has appointed us to manage the investment portfolios for their US and Puerto Rico retirement plans. The mandate leverages our deep capabilities in risk management and in generating long-term sustainable returns for plan beneficiaries and participants through holistic portfolio management across public and private assets. Learn more: http://ms.spr.ly/6042s4aYa

We are excited to announce that Goldman Sachs has entered into an agreement to acquire Industry Ventures, a leading venture capital platform. This strategic move further diversifies and enhances our alternatives business – including our market leading secondaries platform – which will help to strengthen our position in the venture ecosystem and benefit our global client base. Read the full announcement: http://ms.spr.ly/6047sNdQR

Ever wondered how different generations are approaching alternative investments? Our latest survey, “Opening the Door to Alternatives,” uncovers generational differences in why people choose private markets, with implications for how financial advisors engage different age groups—from Millennials to Boomers. Read our report in full: http://ms.spr.ly/6040sFqCG and watch CNBC’s Leslie Picker discuss our survey findings: http://ms.spr.ly/6041sFqCH

We surveyed 1,000 high-net-worth individuals in the US to find out how wealth, risk perceptions, and generational shifts are reshaping private market participation. Our survey reveals rising adoption with wealth, persistent cash holdings, and a generational shift in adoption of alternatives, with Millennials showing greater familiarity and allocation to alternatives than older generations. Learn more in our report: http://ms.spr.ly/6046sFDyq

European equity markets are fragmented and diverse. While we believe this makes for a rich alpha environment, capturing excess returns can be challenging. Find out why we believe quantitative strategies are well placed to overcome obstacles and transform market complexity into a competitive investment advantage: http://ms.spr.ly/6048s0YoQ

What’s on the minds of our CIOs? In our latest quarterly Public Investing CIO Forum, Ashish Shah, our CIO and co-head of Public Investing, and Gregory Calnon, CFA, our co-head of Public Investing, discussed the impact of AI, the health of the US consumer, the rise of retail investors in the US equity market, and the importance of seeking to optimize after-tax returns. Read more in our latest 2025 CIO Digest: http://ms.spr.ly/6047sLxEX

We surveyed 5,102 working and retired Americans to better understand the realities of preparing for and living in #retirement. The traditional advice to simply save may fail to account for the complex and evolving realities faced by millions. There is room for optimism, however, that thoughtful plan design and policy innovations can help improve retirement outcomes. This year’s report introduces the “new economics of retirement,” as we grapple with the question “does the retirement math still work?”. Learn more in our 2025 Retirement Survey & Insights Report: http://ms.spr.ly/6045samiJ

With elevated valuations and potentially slowing economic growth, will stocks continue to perform well? Katherine Bordlemay, CFA, our co-head of Fundamental Equity Client Portfolio Management, anticipates a bright outlook ahead for stocks, underpinned by strong earnings growth. In a recent interview with Bloomberg, she discusses the potential for continued resilience in corporate earnings, supported by the favorable policy environment, AI tailwinds, and corporate adaptability in the face of tariff challenges. For more of our views on earnings, how companies are navigating tariffs, and tech sector performance, read our latest Learnings from Earnings: http://ms.spr.ly/6044svCye

Infrastructure as an asset class is undergoing a fundamental transformation, encompassing a vast array of dynamic new areas tied to AI demand growth, deglobalization and energy transformation. Philippe Camu, chairman and co-chief investment officer of our Infrastructure investing business, has witnessed this profound evolution across 25 years of macroeconomic cycles. In an interview with CNBC, Philippe shared his perspective on why infrastructure represents a unique investment opportunity, driven by significant capital demand, and why investors may be adding infrastructure to their portfolios. Watch the full interview below ⬇ and learn more about our Infrastructure investing capabilities: http://ms.spr.ly/6048svDcA