The Chicago Entrepreneur

: Goldman closes latest mezzanine debt fund at $15.2 bln

Goldman Sachs Group Inc. GS said Thursday it drew in $15.2 billion in capital for West Street Mezzanine Partners VIII, a debt fund. “We believe our differentiated approach allows us to navigate the volatile current market conditions and position ourselves to best identify investment opportunities that drive attractive risk-adjusted returns for our investors,” said Julian Salisbury, chief investment officer for Asset & Wealth Management. Shares of Goldman Sachs are down 6.7% in the past year, compared to a 6.3% loss by the Dow Jones Industrial Average DJIA.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post : Ericsson stock surges after $220 million provision for potential DPA breach resolution with DOJ
Next post : Want to estimate your monthly energy bill in your prospective new home — before you buy it? This new service may help.