Goldman Sachs CEO Says Expect To Raise Another $40B-$50B In Alternatives In 2024
Portfolio Pulse from Benzinga Newsdesk
During a conference call, the CEO of Goldman Sachs announced the expectation to raise an additional $40 billion to $50 billion in alternatives in 2024. This indicates a significant focus on expanding their alternative investment offerings.
January 16, 2024 | 3:12 pm
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Goldman Sachs aims to raise $40B-$50B in alternatives for 2024, reflecting a strategic move to grow its alternative investment portfolio and potentially increase revenue streams.
The announcement by Goldman Sachs' CEO about raising substantial funds for alternative investments is likely to be viewed positively by investors, as it suggests a proactive approach to diversifying and expanding the company's revenue sources. This could lead to increased investor confidence and a potential uptick in the stock price in the short term.
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IMPORTANCE 85
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