Goldman raises $1.5 billion in infrastructure fund first close: sources

March 29, 2016 10:26 PM

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Goldman raises $1.5 billion in infrastructure fund first close: sources

Goldman Sachs Group Inc (GS.N) closed the first stage of fundraising for its newest infrastructure fund with about $1.5 billion, according to people familiar with the matter.

The fund, which completed its first close late last year and is targeting $3 billion, has since reached $1.8 billion in capital raising, the people added, asking not to be named because the matter is private.

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