GS · News · 20260923N
Acquisitions and Divestitures
GOLDMAN SACHS GROUP INC · 2026-09-23 · Importance 34 · Surprise 42
Goldman Sachs is reportedly in discussions to acquire Palmer Square Capital Management, a credit-focused investment manager with more than $37 billion in assets. The potential acquisition would expand Goldman’s Asset & Wealth Management franchise, fee-based revenues, and capabilities in collateralized loan obligations and structured credit. Palmer Square could gain access to Goldman’s distribution network to support alternative-investment growth.
Key facts
- QRG Capital Management Inc. increased its stake in The Goldman Sachs Group, Inc. by 13.2% in the second quarter, acquiring 8,560 additional shares. source
- Goldman Sachs approached 24 potential buyers regarding CBIZ, but none of them made an offer for the company. source
- Institutional investors collectively own 71.21% of Goldman Sachs. source