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Given it's GS, $250m is peanuts.
by reedf1 5y ago
Given it's GS, $250m is peanuts.
- woofcat 5y agoI see that you've been down-voted however they have 40 billion in assets under management.
- WHA8m 5y agoI didn't dv, but that'd be .63%. That's not peanuts I'd say...
- 1-more 5y ago> Goldman Sachs agreed and invested $250 million from its private equity division. Maybe they're referring to Goldman Sachs Capital partners which has 39.9B[0] under management which means this is 0.62% of their portfolio. In a totally chalk and cheese comparison that would be having 200k in your 401k and taking a $1,250 position in a stock, which isn't nothing but is a pretty small bet, I agree. Curious though if I'm guessing the part of GS correctly; I have no idea how they're structured and just spent like three minutes searching. [0] https://en.wikipedia.org/wiki/Goldman_Sachs_Capital_Partners https://en.wikipedia.org/wiki/Goldman_Sachs_Capital_Partners