Welcome to our dedicated page for Goldman Sachs Group news (Ticker: GS), a resource for investors and traders seeking the latest updates and insights on Goldman Sachs Group stock.
The Goldman Sachs Group, Inc. (NYSE: GS) generates frequent news across investment banking, markets, asset management and alternative investments, making its news flow relevant for investors and market observers. Company disclosures via Form 8-K highlight quarterly and annual earnings, segment performance for Global Banking & Markets, Asset & Wealth Management and Platform Solutions, and updates on business segment changes and strategic decisions such as the planned transition of the Apple Card program to a new issuer.
News involving Goldman Sachs Asset Management and Goldman Sachs Alternatives illustrates the firm’s role as an investor in private markets. Recent announcements describe growth equity and alternatives-led investments in technology and AI-focused companies, insurance and cybersecurity platforms, customer engagement and software delivery businesses, as well as backing for battery energy storage developers and mixed-income real estate projects. These stories show how Goldman Sachs participates in financing across sectors such as enterprise software, energy infrastructure, real estate and financial technology.
Other news items reference the Urban Investment Group within Goldman Sachs Asset Management, which supports urban development and community-focused projects, and highlight distribution partnerships that expand access to private markets evergreen funds, including a Goldman Sachs real estate diversified income fund. Together, these updates provide insight into how Goldman Sachs deploys capital through its alternatives platform and asset management franchise.
On this GS news page, readers can follow earnings announcements, segment updates, capital markets transactions, alternative investment activity and partnerships involving Goldman Sachs. Regular visits can help track how developments in its core segments and in Goldman Sachs Alternatives relate to broader trends in investment banking, securities dealing, asset and wealth management and private markets investing.
Aware has successfully raised $60 million in Series C funding, spearheaded by Goldman Sachs Asset Management. This investment aims to enhance Aware's AI-driven collaboration governance solutions, addressing challenges like data risks and compliance in hybrid workplaces. The company has previously secured $12 million in December 2020. Aware's platform assists enterprises in gaining insights from human data created through digital collaboration, aiming to transform workplace dynamics.
Goldman Sachs BDC, Inc. (NYSE: GSBD) will report its third quarter financial results for the period ending September 30, 2021, after market close on November 4, 2021. The company will host an earnings conference call on November 5, 2021, at 9:00 AM Eastern Time to discuss the results. Interested participants can join via telephone or through an audio webcast on the company’s website. Goldman Sachs BDC is focused on investing in middle-market companies in the U.S., primarily through secured and unsecured debt and selected equity investments.
eVisit has successfully closed a $45 million Series B financing round, led by Goldman Sachs Asset Management, with participation from Texas Health Resources and others. The funds will be directed toward expanding eVisit's Virtual Care platform and enhancing sales and marketing initiatives. eVisit's platform connects healthcare providers and patients, facilitating millions of virtual visits annually, while improving outcomes and reducing costs. The company has seen rapid growth, evidenced by its recognition as a leader in the Virtual Care space.
Nextiva has secured $200M in its first external funding round led by Goldman Sachs, achieving a valuation of $2.7B. The funds will accelerate innovation in connected communications, focusing on AI, automation, and global market expansion. With $250M in annual recurring revenue, Nextiva is recognized as a market leader in business communications in the U.S. The investment reflects a market shift toward integrated communication solutions, streamlining customer engagement amidst increasing expectations and digital transformation challenges.
Transmit Security, a leader in identity experience, announced a historic $543 million Series A funding round, the largest ever in cybersecurity. The round included investments from Citi Ventures, Goldman Sachs, Insight Partners, and others, boosting the company's pre-money valuation to $2.2 billion. With this capital, Transmit Security aims to enhance its operations, extend its global presence, and advance its mission of eliminating passwords, addressing a prevalent cybersecurity issue. Key experts from the investment firms expressed strong confidence in the company's innovative approach.
Goldman Sachs has launched the 10,000 Small Businesses Fellows program during National Small Business Week. This initiative provides paid internships for historically underrepresented community college students in pilot markets including New York City, Dallas, Cleveland, and Baltimore. The program aims to bridge the skills gap for small businesses, creating over 250 internship opportunities funded by the Goldman Sachs Foundation. This effort reflects a commitment to workforce development amid the ongoing challenges faced by small businesses.
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