T. Rowe Price, a global investment management firm, and Goldman Sachs Asset Management (GSAM) have announced the launch of T. Rowe Price Goldman Sachs Private Markets Fund.
The new interval fund combines the leadership of T. Rowe Price’s multi-asset and equity investment teams in portfolio construction and late-stage private equity investing, respectively, with GSAM’s global alternatives platform and the institutional private credit expertise of Oak Hill Advisors (OHA), the private credit platform of T. Rowe Price.
T. Rowe Price Goldman Sachs Private Markets Fund expands access for individual investors to institutional-quality private market opportunities within a single professionally managed portfolio. As more economic value creation occurs outside public markets, private markets and alternative assets have become increasingly important parts of the investment landscape. Yet access for individual investors has typically been limited by hurdles including high inve