Goldman Sachs Raises $2.8B for Fourth PE Co-Investment Fund 

Goldman Sachs Alternatives has held the final close of its fourth private equity co-investment fund, Private Equity Co-Investment Partners IV (PECP IV), with PECP IV and related accounts securing more than $2.8 billion in capital commitments, significantly above both its predecessor fund and original fundraising target.  

The strategy, managed by the Goldman Sachs External Investing Group (XIG), focuses on providing access to high-conviction co-investment opportunities, primarily in control buyout transactions executed alongside a broad network of established private equity managers. 

“As the asset class continues to grow, and target companies increase in size, we see a significant and expanding opportunity to serve as a solutions provider to our private equity manager partners, helping them navigate an evolving market where the ability to move quickly and reliably matters more than ever,” said Marc Boheim, global head of XIG Private Equity Co-Investment Strategies at Goldman Sachs Alternatives.  

The PECP platform manages capital for a global client base that spans family offices, foundations, high-net-worth individuals, pension funds, insurance companies, and includes significant commitments from Goldman Sachs employees. 

“This fundraise highlights the expanding opportunity set in co-investments and the inherent advantages of the XIG platform in sourcing and executing these investments,” added Michael Brandmeyer, global head of the External Investing Group at Goldman Sachs Alternatives.  

Goldman Sachs Alternatives oversees more than $625 billion across private equity, growth equity, private credit, real estate, infrastructure, and hedge fund strategies as part of Goldman Sachs Asset Management, which manages approximately $3.6 trillion globally as of December 31, 2025.