Goldman Sachs Group Inc Stock Price, News & Analysis

Goldman Sachs Asset Management's Private Credit business and Piemonte Holding have finalized their investment in Elea Digital, enhancing the growth of this Brazilian data center ecosystem. This investment aims to improve existing infrastructure across Porto Alegre, Curitiba, São Paulo, Brasília, and Rio de Janeiro. The deal, approved by Brazilian regulators in December, focuses on accelerating standardization and expanding Elea Digital's geographic presence in essential metro areas of Brazil. Elea Digital serves diverse sectors, including IT, telecom, and banking, through its interconnected data centers.

Goldman Sachs Asset Management has led a $227 million investment in Fever, a live-entertainment discovery platform, marking the largest funding round for a live-entertainment tech startup. This capital injection values Fever at over $1 billion and reflects a growing demand for in-person experiences. Fever's revenue has soared 10x since its last funding round in 2019, expanding its presence from three to over sixty cities globally, primarily in the U.S. The investment involves notable partners, including Alignment Growth and Goodwater Capital, emphasizing a strong future outlook for in-person events.

Goldman Sachs Asset Management announced the transfer of its Physical Gold ETF (AAAU) listing from NYSE Arca to the Cboe BZX Exchange, effective on or about February 3, 2022. Current shareholders of AAAU do not need to take any action, and the transfer is not expected to impact trading of the Trust’s shares. Goldman Sachs oversees more than $2 trillion in assets and emphasizes long-term performance.

Goldman Sachs Asset Management has led a $335M Series D funding round for Exotec, valuing the company at $2B. This funding aims to enhance warehouse automation and improve operational efficiency, particularly in response to ongoing supply chain challenges. Exotec plans to hire 500 new R&D engineers by 2025 to accelerate technology development and has already doubled its revenue and tripled its customer base since its last funding round. The company is set to expand its global presence in North America, Europe, and Asia.

Goldman Sachs (NYSE: GS) announced significant investments, partnerships, and grants totaling $10 billion for the One Million Black Women initiative aimed at empowering Black women and girls. This initiative includes new partnerships with the King Center and funding for 17 organizations focused on healthcare, job creation, education, and more. The investments will support various projects designed to uplift communities and address systemic racial and gender inequities.

Goldman Sachs BDC, Inc. (NYSE: GSBD) will report its fourth quarter and fiscal year results on February 24, 2022, after market close. An earnings conference call is scheduled for February 25, 2022, at 9:00 am ET to discuss these results. Interested parties may join via telephone or audio webcast available on the company's website. The call will include access details for both domestic and international participants. GS BDC, a specialty finance company, primarily invests in middle-market companies in the U.S., focusing on secured and unsecured debt.

Barings announced a $76.9 million financing package for Goldman Sachs Asset Management's acquisition of The Cove, a 220-unit suburban apartment community in Hingham, MA. The Cove, currently 92.3% occupied, features various upscale amenities and is located in a high-demand area. This investment aligns with Barings' multifamily strategy targeting coastal markets. Goldman Sachs oversees over $2 trillion in assets globally, with its real estate division managing over $50 billion in investments since 2012.

HUMAN Security, Inc. has secured $100 million in growth funding led by WestCap, with participation from NightDragon and others. This investment aims to accelerate global expansion and enhance protections against sophisticated bot attacks targeting enterprises and internet platforms. In 2021, HUMAN's revenue growth rate doubled year-on-year, highlighting strong market demand for its bot mitigation services. 77% of cyberattacks are bot-related, emphasizing the urgent need for improved security measures. This funding positions HUMAN to further disrupt cybercrime and protect digital experiences.