Goldman Sachs Closes GS Capital Partners VI
NEW YORK--(BUSINESS WIRE)--The Goldman Sachs Group, Inc. (NYSE: GS) today announced it has closed GS Capital Partners VI with $20 billion in committed capital, $11 billion from qualified institutional and high net worth clients and $9 billion from the firm and its employees. This is the sixth global, diversified fund dedicated to making privately negotiated equity investments.
The Fund will invest across a broad range of industries and will seek to create value through meaningful involvement with portfolio companies’ strategic decision-making and operating philosophy. GS Capital Partners VI seeks long-term capital appreciation by committing equity to high-quality companies with superior management in a variety of situations, including leveraged buyouts, recapitalizations, and growth investments to fund acquisitions or expansion.
Goldman Sachs’ Principal Investment Area has over 125 investment professionals in New York, London, Hong Kong, Tokyo and San Francisco with expertise in a wide variety of industries. Selected investments include Ahlsell AB; Allied World Assurance Company Holdings, Inc.; ARAMARK Corporation; Burger King Holdings, Inc.; Capmark Financial Group; Coffeyville Acquisition, LLC; Cognis GmbH; Education Management Corporation; Executive Jet, Inc.; Hawker Beechcraft Corporation; Hana Financial Group; Hexcel Corporation; ISS A/S; Kinder Morgan, Inc.; Kion Group; Kookmin Bank; Mindray Medical International Limited; Nalco Company; Orion Power Holdings; PagesJaunes Group SA; Ping An Insurance Co. of China; Polo Ralph Lauren Corporation; Prysmian Cables & Systems; Sanyo Electric Co., Ltd.; SunGard Data Systems, Inc.; Universal Studios Japan; VoiceStream Wireless Corporation; Western Wireless Corporation; and Yankees Entertainment and Sports Network.
Founded in 1869, Goldman Sachs is one of the oldest and largest investment banking firms. Goldman Sachs is also a global leader in private corporate equity and mezzanine investing. Established in 1991, the GS Capital Partners family of funds is part of the firm’s Principal Investment Area in the Merchant Banking Division. Goldman Sachs’ Principal Investment Area has formed 13 investment vehicles aggregating $56 billion of capital raised. GS Capital Partners VI is the current primary investment vehicle for Goldman Sachs to make large, privately negotiated equity investments.