Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge
1. Goldman Sachs acquires Industry Ventures for $665 million to enhance its alternatives platform. 2. The deal boosts Goldman’s presence amid an IPO drought in venture capital. 3. Industry Ventures brings access to over 700 venture firms and 1,000 investments. 4. Acquisition may address liquidity challenges in current venture capital landscape. 5. Goldman CEO notes this strengthens service capabilities for complex client needs.