The Dallas-based manager, historically a shorter-term holder, is considering converting an existing closed-end fund to an open-ended structure as part of a plan to establish its first long-term hold strategy.
Real Estate Investment Partners takes Goldman Sachs back to the world of global private equity real estate fundraising. But the comeback fund looks different to the Whitehall Street series which the bank ran before the global financial crisis.
Goldman Sachs has echoed Morgan Stanley by returning to private equity real estate funds with a rebranded series carrying a considerably more conservative strategy.