Goldman Sachs Lands $2 Billion Deal to Assist NY Pension Assets
The US$ 180.7 billion New York State Common Retirement Fund and Goldman Sachs Asset Management have formed a strategic partnership to manage US$ 2 billion in active global strategies. The pension fund has about US$ 100 billion in its global equity portfolio and is headed by New York State Comptroller Thomas DiNapoli. Goldman Sachs has been working on the deal for over 1.5 years.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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