Publications

UPS selects Goldman Sachs Group as OCIO for its pension funds
Investors - MAY 17, 2024

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

UPS selects Goldman Sachs Group as OCIO for its pension funds

by Lewis Dayton

UPS has selected Goldman Sachs Group as its outsourced chief investment office to invest the parcel-delivery company’s $43 billion North American pension fund, multiple media sources reported.

Goldman already manages roughly $325 billion of pension assets, according to Bloomberg.

As of Dec. 31, 2021, the UPS Pension Fund had $2.29 billion of its $56 billion U.S. Plan invested in real estate.

Forgot your username or password?