Goldman Sachs Alternatives has held a final close for its West Street Real Estate Credit Partners IV and related vehicles. The pool of capital represents more than $7 billion of lending capacity including leverage.
The fundraise was completed above target and is the largest to date in its series.
Institutional investors in the strategy include sovereign wealth funds, insurance companies, and U.S. and international pension plans. Investors from family offices, Goldman Sachs Private Wealth Management and third-party wealth channels also made significant commitments. Real Estate Credit Partners IV will be the first fund in the series to make disclosures under Article 8 of the European Sustainable Finance Disclosure Regulation.
The f