Goldman Sachs raises $1.6bn private capital for climate fund

Goldman Sachs raises $1.6bn private capital for climate fund

Goldman Sachs Asset Management, the fund arm of Goldman Sachs, said on Tuesday it had raised $1.6bn for its first private equity fund focused on investing in companies providing climate and environmental solutions. The final close of GSAM’s Horizon Environment &...
Private equity acquires a taste for drug development

Private equity acquires a taste for drug development

Private equity firms that deemed drug development too risky for their liking in the past are increasingly investing in the sector, raising dedicated funds and coming up with deals that compensate them for the uncertainty involved. These firms are seeking to capitalize...