Apparently mum is the word when it comes to Goldman Sachs‘s new secondaries fund. A spokeswoman for the New York-based investment firm confirmed that the group has wrapped up approximately $1 billion for Goldman Sachs Vintage II.
The fund will invest “in a broad range of private equity assets,” said the spokeswoman, adding, “everything except real estate.”
She would not comment on when Vintage II will begin making investments. However, investing the fund is likely not far off and may have already begun.
In April, Buyouts’ sister publication European Venture Capital Journal reported that the firm’s first Vintage fund, a $435 million vehicle, that closed in 1998, was between 75% and 80% invested. At that time, Goldman Sachs was about to come to market with Vintage II.
Reuters reported that the firm’s limited partners include institutional investors and high-net-worth individuals worldwide. The spokeswoman at Goldman Sachs would not provide any information on limited partners in the fund.