Understanding Goldman Sachs Capital Partners and Its Impact

Goldman Sachs Capital Partners is a private equity arm of Goldman Sachs, one of the world's largest investment banks. It was established in 1986 as a way for the bank to invest in and acquire non-core businesses.

The firm's focus is on making investments in companies that are undervalued or overlooked by other investors. This can include companies in a variety of industries, from consumer goods to healthcare.

In 2006, Goldman Sachs Capital Partners raised $20 billion for its fifth fund, one of the largest private equity funds ever raised at the time. This fund was used to invest in companies such as Home Depot and Applebee's.

A different take: Real Estate Asset Management Companies

Goldman Sachs Capital Partners was founded in 1986, at the same time that similar groups were founded at other investment banks. This marked a significant shift for Goldman Sachs, which had previously focused on its traditional mergers and acquisitions advisory business.

Goldman Sachs has historically invested capital in a variety of businesses alongside its investment banking clients. The firm has a long history of making longer-term equity investments in private equity transactions that came through its investment banking and other clients.

Goldman Sachs has committed in excess of $2.5 billion, or 30%, of the Fund's total capital to GS Capital Partners V. This commitment demonstrates the firm's confidence in the fund's ability to create value through meaningful involvement with portfolio companies' strategic decision-making and operating philosophy.

Goldman Sachs has raised 21 funds, including GS Collective Fund I, which closed with $155 million in committed capital. The firm has also raised several other funds, including GS Mezzanine Partners VII LP, which closed with $730 million in committed capital.

As of the end of 2008, Goldman Sachs Capital Partners had completed fundraising for seven investment funds with total committed capital of approximately US$39.9 billion. These funds have been used to invest in a variety of industries, including buyouts and acquisitions.

You might enjoy: Portfolio Manager Investment

Goldman Sachs has a long history of investing capital in various businesses, but it was a slow entrant into the financing of leveraged buyouts and junk bonds in the early and mid-1980s.

The firm began making longer-term equity investments in private equity transactions through its investment banking clients starting in 1983.

Goldman Sachs Capital Partners was founded in 1986, around the same time as similar groups at other investment banks.

The firm established investment partnerships that allowed its clients to participate alongside Goldman in private equity transactions.

In 2007, Goldman closed GS Capital Partners VI with $20 billion in committed capital, including $11 billion from institutional and high-net-worth investors.

The remaining $9 billion came from Goldman Sachs and its employees.

By late 2019, the firm's Chief Executive, David M. Solomon, announced that GS Capital Partners would be combined with Goldman's other direct-investing units into a single division called the Merchant Banking Division (MBD).

You might like: Investment Management Manager

Goldman Sachs Capital Partners has a rich history dating back to 1986, when it was founded as a way for the firm to participate in private equity transactions alongside its investment banking clients.

The first fund, GS Capital Partners, was raised in 1992 with $1.1 billion in committed capital. This was followed by several other funds, including GS Capital Partners Asia in 1994 and GS Capital Partners II in 1995.

In 2005, Goldman Sachs closed its fifth global, diversified fund, GS Capital Partners V, with $8.5 billion in committed capital. This fund was particularly notable for its high rate of returning investors and the firm's commitment to making privately negotiated equity investments.

Since then, Goldman Sachs has continued to grow its private equity business, with the Merchant Banking Division (MBD) adding up to $140 billion under management in 2019. The MBD combines GS Capital Partners with other direct-investing units, such as the Special Situations Group and Growth Equity unit.

Here is a list of some of the notable funds raised by Goldman Sachs Capital Partners:

The funds have grown significantly over the years, with the total committed capital reaching approximately $39.9 billion as of 2008. This growth is a testament to the firm's commitment to private equity and its ability to attract investors from around the world.

Goldman Sachs Capital Partners has made 27 acquisitions, with their latest being Restaurant Technologies in 2018. This is a significant milestone for the company, showcasing its ability to identify and invest in promising businesses.

One notable acquisition is APPE Packaging, which was acquired in 2014 for an undisclosed valuation. This deal highlights the company's focus on strategic investments that can drive growth and returns.

The company has also raised significant funds through institutional private equity funds, with a total committed capital of approximately $39.9 billion as of 2008. This includes seven investment funds, with the largest being GS Capital Partners VI, which closed in 2007 with $20 billion in committed capital.

Here is a breakdown of the company's fundraising efforts:

GS Capital Partners has a notable track record of 24 portfolio exits, with their latest exit being Restaurant Technologies on February 28, 2022.

One of their notable exits was ADESA, acquired by Carvana on February 24, 2022, for an undisclosed valuation of $XXM.

The company has a mix of acquisition types, including Acq - Fin - IV, Acquired, and Acq - Fin.

Their portfolio exits also include Drayer Physical Therapy Institute, acquired by Upstream Rehabilitation on January 4, 2018, for $XXM.

Here are the details of their 24 portfolio exits:

GS Capital Partners has made 27 acquisitions, with their latest being Restaurant Technologies on August 22, 2018. This acquisition was valued at $XXM.

Restaurant Technologies received $50.4M in funding as part of this acquisition. The investment stage for this deal was classified as Other Venture Capital.

The company's previous acquisition was APPE Packaging, which was acquired on December 6, 2014. This deal was also valued at $XXM.

GS Capital Partners has a diverse investment portfolio, with acquisitions spanning various industries and investment stages. Their acquisitions include Hastings Insurance Group, which was acquired on November 8, 2013, and Subscribe to see more, acquired on October 29, 2012.

Here are the details of GS Capital Partners' 27 acquisitions:

Goldman Sachs has a long history of investing in private equity transactions, dating back to the 1980s. The firm's private equity arm, Goldman Sachs Capital Partners, was founded in 1986.

GS Capital Partners has a total of 21 funds, including GS Collective Fund I, which closed on July 31, 2020, with $155 million in committed capital. Some of these funds are still open, such as GS Mezzanine Partners VII LP, which has $730 million in committed capital.

One notable fund is West Street Capital Partners, which closed on June 14, 2017, with a massive $7 billion in committed capital. This fund type is focused on buyouts and acquisitions.

Here's a breakdown of some of the funds:

It's worth noting that some funds have incomplete information, such as GS Mezzanine Partners VI LP and GS Infrastructure Partners II LP, which have "Subscribe to see more" in the fund type and status columns.