Valuation in private equity and private credit remains a complex and contentious issue, with growing scrutiny from regulatory authorities who have identified areas where valuation methodologies need improvement to ensure accuracy and transparency. Austin Brady, a product lead at Waystone, said the firm’s practices in their valuation model include several steps to ensure “valuations are accurate and reflective of real market conditions.”

Nerdy Nonprofit offers assistance to organizations looking to benefit from the Google Ad Grants program.

McKinsey & Company’s recently released Global Private Markets Review reveals that private markets slowed in 2023. The report points to macroeconomic headwinds, an increase in financing costs, and uncertainty in the growth outlook as contributors, which affects fundraising, deal activity, and performance.

The Goldman Sachs Group, Inc. (NYSE: GS) announced on July 22, 2024, that Bryon Lake will join the firm as Chief Transformation Officer for the Client Solutions Group within Goldman Sachs Asset Management. Lake will be based in New York and joins as a partner.

NEW YORK, July 18, 2024 – The Goldman Sachs Group, Inc. (NYSE:GS) announced the appointments of Haidee Lee and Carsten Woehrn as Partners and Global Co-Head of Sponsor M&A and Co-Head of M&A in EMEA, respectively.

NEW YORK, July 15, 2024 – The Goldman Sachs Group, Inc. (NYSE: GS) reported net revenues of $12.73 billion and net earnings of $3.04 billion for the second quarter ended June 30, 2024. Diluted earnings per common share (EPS) were $8.62, and the annualized return on average common shareholders’ equity (ROE) was 10.9% for the second quarter of 2024.

NEW YORK, July 12, 2024 -- The Goldman Sachs Group, Inc. (NYSE: GS) announced today the declaration of dividends on various series of its non-cumulative preferred stock. These are represented by depositary shares, each representing a 1/1,000th interest in a share of preferred stock, except for the Series P Preferred Stock, the Series Q Preferred Stock, the Series R Preferred Stock, the Series S Preferred Stock, the Series U Preferred Stock, and the Series W Preferred Stock where each depositary share represents a 1/25th interest in a share of preferred stock.

Goldman Sachs ETF Accelerator announces first fund launched in EMEA through the platform

NEW YORK, NY, June 28, 2024 – On Wednesday, June 26, the Federal Reserve notified The Goldman Sachs Group, Inc. (NYSE: GS) of a Stress Capital Buffer (SCB) of 6.4%, resulting in a Standardized Common Equity Tier 1 (CET1) ratio requirement of 13.9%, effective October 1, 2024.

NEW YORK, June 24, 2024 — The Board of Directors of The Goldman Sachs Group, Inc. (NYSE: GS) announced the appointment of John B. Hess as an independent director of the Board, effective June 24, 2024. Mr. Hess will also become a member of each of the Board’s Compensation, Governance and Risk Committees.

Goldman Sachs has moved to a new office space in the World Trade Centre (WTC), Amsterdam, expanding its presence in the city to accommodate a growing footprint across its Global Banking & Markets and Asset & Wealth Management businesses.

A recent survey conducted by Goldman Sachs One Million Black Women (OMBW) reveals that a majority of Black women regard entrepreneurship as a significant avenue for wealth creation. The data suggests that if barriers were reduced, many would consider starting a business to support themselves, their families, and their communities.

"Marcus by Goldman Sachs Savings Ranked #1 in Overall Customer Satisfaction by J.D. Power"

NEW YORK, May 7, 2024 — The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Rob Kaplan will rejoin the firm as Vice Chairman of Goldman Sachs and a member of the Management Committee. He will be a member of the Executive Office and will be based in Dallas.In this role, Rob will engage our clients around the world, working closely with our teams across Global Banking & Markets and Asset & Wealth Management to offer strategic advice. Rob will also draw on his experience in the public and private sectors to offer perspectives to our clients and other stakeholders...

NEW YORK, April 29, 2024 – The Goldman Sachs Group, Inc. (NYSE: GS) has announced that John E. Waldron, President and Chief Operating Officer, is set to speak at the Bernstein 40th Annual Strategic Decisions Conference on Thursday, May 30, 2024 at 8:00 a.m. (ET).Goldman Sachs, a renowned global financial institution, provides a wide range of financial services to various clients, including corporations, financial institutions, governments, and individuals. Established in 1869 and headquartered in New York, the firm has a presence in major financial hubs worldwide.In a...

Goldman Sachs Group, Inc. (NYSE:GS) has appointed Hidehiro Imatsu as the new president and representative director of Goldman Sachs Japan Co., Ltd. (“GSJCL”), with the effective date set for June 3, 2024. Imatsu, currently serving as co-head of Global Interest Rate Products Trading and co-head of the Asia Pacific Fixed Income, Currency and Commodities Franchise in Hong Kong, will retain these roles while taking on the new leadership position in Tokyo.In a statement, David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, expressed confidence in Imatsu's...

Goldman Sachs' HBCU Market Madness competition concluded with Spelman College emerging victorious for the third time in four years, securing a $1 million grant. The event, which is part of the firm's HBCU Possibilities Program, saw finalists from Delaware State University, Florida A&M University, Howard University, and Spelman College present case studies to top Goldman Sachs and Nike executives.Megan Hogan, Goldman Sachs' global head of Talent and chief diversity officer, expressed admiration for the talent showcased by HBCU students during the competition, stating, "The...

NEW YORK, NY, April 16, 2024 - The Goldman Sachs Group, Inc. (NYSE: GS) has announced its plan to redeem all outstanding shares of its 6.375% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K ("Series K Preferred Stock") and the corresponding 28,000,000 depositary shares ("Depositary Shares") on May 17, 2024.According to The Goldman Sachs Group, Inc., "The Depositary Shares will be redeemed for a redemption price equal to $25 per Depositary Share (equivalent to $25,000 per share of Series K Preferred Stock) plus an amount equal to any dividends that have...