The Goldman Sachs Group Inc
GS: XNYS (USA)
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Goldman Sachs: Asset Management Acquisition Push Could Continue With Palmer Square; Shares Expensive
Bloomberg reported that Goldman Sachs has emerged as the leading bidder for alternative asset manager Palmer Square, with its $37 billion in assets under management. The move dovetails nicely with Goldman's commitment to building out its lineup of more stable, fee-based businesses.
