Goldman Sachs Raises $1.2 Billion for Third Real Estate Secondaries Fund

Goldman Sachs Asset Management has surpassed the $1 billion mark in fundraising for its latest real estate secondaries fund, Vintage Real Estate Partners III. Filings with the US Securities and Exchange Commission reveal that the fund has raised at least $1.18 billion so far. This achievement positions Goldman Sachs as a dominant player in the real estate secondaries market, building on the success of its predecessor fund, Vintage Real Estate Partners II, which closed at $2.75 billion in 2020, marking it as the third-largest real estate secondaries fund to date. With a strategic focus on real estate secondaries, Goldman Sachs continues to solidify its position as a leading player in private equity fundraising, having raised over $15 billion for two secondaries funds in the previous year alone.