GOLDMAN SACHS GROUP (GS) Company Report

Issued CAD1.75 billion 3.641% Fixed/Floating Rate Notes due March 5, 2032 and CAD1.00 billion 4.340% Fixed/Floating Rate Notes due March 5, 2037 under its Form S-3 shelf registration (File No. 333-284538).
Fixed interest paid semi-annually until March 5, 2031 (2032 Notes) and March 5, 2036 (2037 Notes), then resets quarterly to Compounded CORRA + 1.080% and + 1.410%, respectively.
Securities issued under the Indenture dated July 16, 2008 (as supplemented); Sullivan & Cromwell LLP opines the Notes are valid and binding obligations under U.S., New York and Delaware law.

3 days ago

8-K

Goldman Sachs-backed Mace Consult launches as standalone company

M&A

Goldman Sachs Alternatives completed a majority investment in Mace Consult, carving it out from Mace Group as an independent program and project management provider.
Mace Consult employs 5,500 professionals across six continents and generated close to US$1 billion in revenue in 2025.
The transaction establishes a platform for accelerated global growth, enhanced digital tools, and expanded leadership across infrastructure, clean energy, advanced manufacturing, and technology sectors.
Led by CEO Davendra Dabasia, Mace Consult retains the Mace brand and has delivered on major programs, including the London 2012 Olympics, Hudson Tunnel Project, GO Expansion, and the UK New Hospital Programme.

3 days ago

Press Release

Goldman Sachs: Harbor Commodity ETF surpasses $2 billion in AUM

Goldman Sachs’ subadvised Harbor Commodity All-Weather Strategy ETF (HGER) surpassed $2 billion in assets under management as of March 2026.
Launched on February 9, 2022, HGER marks its four-year anniversary and is designed to provide effective commodities exposure amid positive stock-bond correlation regimes.
As of December 31, 2025, the ETF delivered a 19.70% NAV return over the past year and 10.17% annualized over three years, outperforming the Bloomberg Commodity Index Total Return’s 3.96% three-year return.
The fund carries a 0.68% gross expense ratio and is subadvised by Quantix Commodities.

4 days ago

Press Release

Goldman Sachs Alternatives leads $65M Series C investment in Sage

New Projects/Investments

Sage, a senior living and skilled nursing care platform, raised $65 million in a Series C round led by Growth Equity at Goldman Sachs Alternatives, with participation from IVP and Goldcrest.
The funding will accelerate Sage’s AI-powered platform across three areas: predictive resident safety analytics, a unified caregiver workflow integrating leading EHRs, and deeper capabilities for skilled nursing facilities.
The Series C brings Sage’s total capital raised to $124 million, enabling nationwide expansion of its AI-driven care solutions.
Sage-powered communities have achieved a 50% reduction in falls, 50% faster response times, and a $275 increase in monthly NOI per resident compared to industry benchmarks.

4 days ago

Press Release

Goldman Sachs-backed ArmorCode raises $16M funding and appoints Phil Venables

Board Change

New Projects/Investments

ArmorCode secured $16 million in strategic funding led by Cheyenne Ventures, bringing total capital raised to $81 M, to accelerate its Agentic AI Platform growth.
The financing will fuel expansion of AI Exposure Management capabilities, broader platform innovation, global go-to-market initiatives, and enterprise customer success investments.
The company has doubled year-over-year growth, serving Global 2000 enterprises, with nearly 80 percent of Fortune 500/1000 clients driving further AI platform expansion.
Phil Venables, former CISO at Goldman Sachs and Google Cloud, joined ArmorCode’s board, enhancing its cybersecurity governance expertise.

6 days ago

Press Release

Goldman Sachs-backed Presidio to acquire Arkoma Basin assets for $80 million

M&A

Dividends

New Projects/Investments

Presidio entered into a letter of intent to acquire Arkoma Basin producing oil & gas assets for $80 million, subject to due diligence and closing conditions.
The transaction will be funded with cash on hand, proceeds from a Goldman Sachs ABS Warehouse Facility, and $20 million of Presidio equity issued to the seller.
Post-closing, Presidio expects to raise its annual dividend from $1.35 to $1.50 per share, pending board approval.
The assets include 56 wells with net PDP production of 22.6 Mmcfe/d (70% gas, 30% NGLs), a 12% decline rate, 100 Bcfe of reserves, a PV-10 of $100 million, and target returns exceeding 20% with a 23% first-year free cash flow yield.

Feb 24, 2026, 1:20 PM

Press Release

Goldman Sachs CEO holds Bitcoin, backs rules-based crypto regulation

New Projects/Investments

CEO David Solomon owns a very, very limited amount of bitcoin, marking a shift from earlier skepticism.
He advocated for a rules-based regulatory framework for digital assets, echoing the U.S. Treasury’s stance.
Goldman Sachs’ crypto exposure rose, with over $1 billion in BlackRock’s iShares Bitcoin Trust and about $260 million in Solana and XRP ETFs by end-2025.
Solomon highlighted the promise of tokenization and potential institutional market-making if legislation evolves.

Feb 18, 2026, 5:00 PM

Bloomberg

Goldman Sachs invests $500M to expand India presence

New Projects/Investments

Invested $500 million over three years and relocated its Mumbai banking team to a larger Worli office after a global board meeting in New Delhi.
Climbed to 4th in Indian equity offerings, surpassed Morgan Stanley in stock sales for the first time in a decade, and ranked among the top five M&A advisers.
Secured at least 10 IPO mandates amid a record $22 billion Indian IPO pipeline and is expanding into private credit, structured finance, and alternatives.
Participated in a $600 million financing for Jubilant Bhartia Group, while its alternatives business has invested $8.5 billion+ in India since 2006.
Relocated 130 bankers, traders, and private-markets staff to its new Mumbai office to boost local capacity.

Feb 11, 2026, 12:19 AM

Bloomberg

Goldman Sachs outlines 2026 strategy at UBS Financial Services Conference

Guidance Update

M&A

Goldman Sachs continues execution of its early-2020 plan, emphasizing a One Goldman client-centric model, expanded financing capabilities, and the integration of asset and wealth management into a $3.5 trn AWM platform now growing >10% annually with raised margin targets.
CEO David Solomon highlights structural macro tailwinds in 2026—sustained fiscal stimulus, deregulatory shifts, a technology supercycle, and expected populist measures—supporting M&A and capital markets activity, albeit with policy and geopolitical uncertainties.
The firm expects meaningfully higher strategic and sponsor M&A as corporates seek scale and private equity faces LP redemption pressure, alongside improving debt and equity capital markets volumes driven by AI infrastructure financing needs.
Asset & Wealth Management targets $75–$100 bn of annual fee-based alternative inflows, aiming for $750 bn fee-based AUM by 2030 through ultra-high net worth expansion and third-party distribution partnerships.

Feb 10, 2026, 1:00 PM

Transcript

Goldman Sachs outlines 2026 growth strategy at UBS conference

Guidance Update

M&A

The firm’s multi-year plan since 2020 has emphasized client centricity, increased financing capacity and the creation of a unified Asset & Wealth Management platform overseeing over $3.5 trillion in AUM, now growing at double-digit rates.
Updated medium-term targets for Asset & Wealth Management include expanding margins from 25% to 30%, underpinned by $75–$100 billion of annual alternatives fundraising and continued capital efficiency gains.
Management expects a constructive 2026 for M&A and capital markets driven by fiscal stimulus, deregulation and a technology supercycle, while acknowledging potential volatility and “speed bumps” during the year.
The Markets business maintains a disciplined focus on wallet share, ranking top three in 123 of its 150 largest client relationships and continually addressing underperformance at the sector level.
Goldman remains open to selective inorganic opportunities in Asset & Wealth Management to accelerate growth, subject to cultural fit and regulatory considerations.