Goldman Sachs (GS) May Spin-Off Private Equity Arm - Gasparino

August 3, 2010 12:35 PM EDT
According to reports from Fox Business Network's Charlie Gasparino, Goldman Sachs (NYSE: GS) executives have started "serious discussions" about spinning off at least a part of its massive private equity division.

Goldman doesn't release the market value of the division, but filings show the firm has raised $82 billion in private equity funds, including $11.5 billion from its executives.


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Charles Gasparino