TheBigBanks
Smart Portfolio
🏦Goldman to Invest $1B in T. Rowe Price, Forge Private-Markets Partnership 🔹 $GS (Goldman Sachs Group Inc) will purchase up to $1B of $TROW (T Rowe Price Group Inc) stock, building as much as a 3.5% stake through open-market buys 🔹 The two firms will collaborate to distribute private-market strategies—including private equity, credit, and infrastructure—to retirement savers and wealthy investors 🔹 The deal highlights intensifying competition among asset managers to tap into the growing demand for alternative investments in 401(k)s and high-net-worth portfolios 🌐 Read more: www.bloomberg.com/news/articles/2025-09-04/goldman-to-buy-1-billion-of-t-rowe-stock-in-private-funds-deal
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