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.
Goldman Sachs Group Inc. (GS) is a global financial services leader specializing in investment banking, asset management, and institutional trading. This page serves as a comprehensive resource for tracking the company's official announcements, strategic initiatives, and market-moving developments.
Investors and professionals will find curated updates on earnings reports, mergers and acquisitions, regulatory filings, and leadership changes. The content collection enables users to monitor GS's responses to market trends, compliance updates, and competitive positioning within global finance.
All press releases and third-party analyses are organized chronologically to simplify trend identification. The resource prioritizes factual reporting on capital allocation strategies, client partnership expansions, and innovation in financial technologies.
Bookmark this page for convenient access to Goldman Sachs' latest developments and check back regularly for real-time updates that matter to your financial decision-making.
GridStor, a developer and operator of utility-scale battery energy storage systems, has appointed Daniel Dedrick as Chief Technology Officer (CTO). Dedrick, who joined the company in 2022 and previously served as Senior Vice President of EPC and Technical Operations, brings over 20 years of experience in power system engineering and technology development.
In his new role, Dedrick will report to CEO Chris Taylor and lead the company's technology strategy, overseeing technical operations for GridStor's battery energy storage systems portfolio, including transmission, interconnection, EPC, project operations, and asset management. Additionally, Tony Song has been promoted to Senior Vice President of EPC, expanding his responsibilities to include project construction activities.
Before joining GridStor, Dedrick led the EPC services and major equipment team at Clearway Energy Group, with experience managing over 3 GWh of energy storage facilities and 2 GW of solar power projects.
Goldman Sachs BDC (NYSE: GSBD) has announced it will release its first quarter 2025 financial results on Thursday, May 8, 2025, after market close. The company will host an earnings conference call on Friday, May 9, 2025, at 9:00 am Eastern Time.
The earnings call will be accessible via telephone and audio webcast through the Investor Resources section of GSBD's website. Domestic listeners can dial (800) 289-0459, while international callers can use +1 (929) 477-0443 with Conference ID 427709 for listen-only mode. For Q&A participation, separate dial-in numbers are provided: (866) 575-6539 (domestic) and +1 (929) 477-0448 (international) with Conference ID 6621461.
Yieldstreet has announced the launch of Yieldstreet 360 Managed Portfolios, the first automated private markets investing solution. The platform aims to democratize access to private equity, private credit, and real estate investments through diversified portfolios tailored to individual investors' goals.
The launch comes as private markets have grown from $9.7 trillion in 2012 to $24.4 trillion in 2023. The solution will feature investments from Goldman Sachs Asset Management, Carlyle, and StepStone, with strategies advised by Wilshire. The platform addresses traditional barriers like high investment minimums and complex structures, offering automated investment management and real-time performance tracking.
Available to accredited investors later this year, Yieldstreet 360 will provide exposure to thousands of underlying assets through a single solution, with options ranging from income-focused to growth-oriented approaches.
Center for Social Dynamics (CSD) has expanded its partnership with Floreo, a VR technology company, to enhance the delivery of virtual autism therapy services in schools nationwide. Floreo, which received FDA breakthrough device designation in 2023, will collaborate with CSD to develop advanced VR curriculum for Applied Behavior Analysis (ABA) teletherapies, including new group therapy features.
The partnership aims to address growing demand for ABA therapy, as CDC data shows approximately 1 in 36 U.S. children are diagnosed with ASD. CSD will become the exclusive ABA provider of Floreo's VR curriculum in U.S. schools, joining Easterseals Southern California as a Floreo Premier Partner. CSD, recently acquired by Goldman Sachs Alternatives, currently provides over 1 million hours of evidence-based care annually for youth with autism across multiple states and modalities.
Goldman Sachs Alternatives' Sustainable Investing team has acquired Atlas-SSI Holdings, a North American water management equipment supplier, from XPV Water Partners. Atlas-SSI specializes in designing, manufacturing, and servicing customized screens, gates, and barriers for water facility protection.
The acquisition aims to expand Atlas-SSI's market presence amid growing water sector demand, particularly in infrastructure upgrades and industrial growth. The EPA estimates over $744 billion in required investments over two decades for water infrastructure upgrades in North America.
Atlas-SSI's solutions serve industrial, utility, municipal, and commercial customers, focusing on removing plastics and pollution while protecting aquatic life. The company's re-manufacturing segment reduces carbon emissions by decreasing virgin material usage.
Navina, a leader in AI-powered clinical intelligence, has secured a $55 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives, bringing total funding to $100 million. The company's AI platform currently serves over 10,000 healthcare professionals across 1,300 clinics, supporting care for more than three million patients.
The platform maintains an 86% weekly active usage rate and has partnerships with industry leaders including agilon health, InnovaCare Health, Millennium Physician Group, and Privia Health. Navina was recently recognized as Best in KLAS 2025 for Clinician Digital Workflow.
The funding will be used to accelerate Navina's U.S. healthcare market expansion, enhance its proprietary AI technology, and improve patient outcomes through proactive clinical intelligence in outpatient interactions.
Frazier Healthcare Partners, a Seattle-based healthcare-focused private capital firm, has secured a passive minority investment from Petershill at Goldman Sachs Alternatives. The investment comes after Frazier's recent closure of its flagship fund, Frazier Healthcare Growth Buyout Fund XI, which reached its hard cap of $2.3 billion in partner commitments within six months.
Founded in 1991, Frazier has invested in over 200 companies across 34 years. The strategic investment will support Frazier's platform growth, enable increased general partner investment in existing and new funds, and provide greater balance sheet flexibility for strategic initiatives. The transaction will not impact Frazier's day-to-day management or investment approach.
SkySpecs, a leader in renewable energy asset health management and autonomous drone inspections, has secured $20 million in strategic growth capital led by Goldman Sachs Alternatives, with participation from Statkraft and Equinor Ventures.
The company has achieved significant milestones with 125 global customers and over 270,000 turbines inspected, establishing the largest blade data repository in the industry. In 2024, SkySpecs reached its highest-ever number of onshore and offshore drone inspections and launched new autonomous drone technology for blade inspections.
The funding will accelerate technology development and global expansion of their integrated solutions, which combine inspection, SCADA, CMS, and financial data to optimize wind energy asset performance and maintenance.
GrubMarket, the largest private food technology company in the U.S., has secured a $50 million Series G funding round, valuing the company at over $3.5 billion. The funding was led by Liberty Street Funds, with participation from multiple investors including 3Spoke Capital and ROC Venture Group.
The company reported significant growth metrics for 2024, including:
- Revenues exceeding $2 billion
- Expansion to all 50 U.S. states and global presence in 9 countries
- Over 12,000 employees worldwide
- Operations in more than 70 countries
GrubMarket launched GrubAssist AI, the first Enterprise AI software suite for the food supply chain industry, featuring patent-pending solutions including Business Analyst AI, AI Orders agent, and Cash Flow Analyst AI. The company serves thousands of grocery stores, restaurants, hotels, and other institutions while maintaining profitability and focusing on sustainable business practices.
Goldman Sachs BDC (NYSE: GSBD) has reported its Q4 2024 financial results, with net investment income of $0.48 per share and adjusted net investment income of $0.47 per share. The company's NAV decreased 1.0% to $13.41 from $13.54 in the previous quarter.
The investment portfolio, valued at $3,968.2 million, spans 164 portfolio companies across 39 industries, with 97.6% in senior secured debt. During Q4, gross originations were $173.0 million, with $102.5 million funded. The company's net debt-to-equity ratio stood at 1.17x.
Key announcements include:
- Reduction of base quarterly dividend to $0.32 per share
- Special dividend of $0.16 per share
- Permanent reduction of income-based incentive fee to 17.5%
- Authorization of two additional special dividends of $0.16 per share for next two quarters
