Latest news with #GoldmanSachsAssetManagement
National Post
4 days ago
- Business
- National Post
Goldman Sachs Asset Management Announces Final Liquidating Distribution of $0.291 Per Share for Goldman Sachs MLP and Energy Renaissance Fund
Article content NEW YORK — Goldman Sachs Asset Management is announcing the final liquidating distribution of $0.291 per common share of the Goldman Sachs MLP and Energy Renaissance Fund (the 'Fund'). Pursuant to the Fund's Plan of Liquidation and Dissolution previously announced on June 7, 2023, shareholders of the Fund as of the close of business on July 10, 2023 will be entitled to receive the liquidating distribution. The liquidating distribution will be paid entirely in cash and will represent all of the Fund's remaining assets after satisfying all liabilities and obligations of the Fund. Distribution proceeds are expected to be disbursed on June 3, 2025. Article content Article content Distributions may result in a taxable event for shareholders, depending on their individual circumstances. Shareholders should consult their own tax advisors about any tax liability resulting from the receipt of liquidation proceeds. Article content About Goldman Sachs Asset Management, L.P. Article content Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the world's leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market – overseeing approximately $3.2 trillion in assets under supervision worldwide as of March 31, 2025. Driven by a passion for our clients' performance, we seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Follow us on LinkedIn. Article content Date of First Use: May 30, 2025 Article content 1 Assets Under Supervision (AUS) includes assets under management and other client assets for which Goldman Sachs does not have full discretion. AUS figure is as of March 31, 2025. Article content Article content Article content Article content Contacts Article content Media Contact: Victoria Zarella Tel: 212-902-5400 Article content Article content Article content
Business Wire
4 days ago
- Business
- Business Wire
Goldman Sachs Asset Management Announces Final Liquidating Distribution of $0.291 Per Share for Goldman Sachs MLP and Energy Renaissance Fund
NEW YORK--(BUSINESS WIRE)-- Goldman Sachs Asset Management is announcing the final liquidating distribution of $0.291 per common share of the Goldman Sachs MLP and Energy Renaissance Fund (the 'Fund'). Pursuant to the Fund's Plan of Liquidation and Dissolution previously announced on June 7, 2023, shareholders of the Fund as of the close of business on July 10, 2023 will be entitled to receive the liquidating distribution. The liquidating distribution will be paid entirely in cash and will represent all of the Fund's remaining assets after satisfying all liabilities and obligations of the Fund. Distribution proceeds are expected to be disbursed on June 3, 2025. Distributions may result in a taxable event for shareholders, depending on their individual circumstances. Shareholders should consult their own tax advisors about any tax liability resulting from the receipt of liquidation proceeds. About Goldman Sachs Asset Management, L.P. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the world's leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market – overseeing approximately $3.2 trillion in assets under supervision worldwide as of March 31, 2025. Driven by a passion for our clients' performance, we seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Follow us on LinkedIn. Disclosures This press release shall not constitute an offer to sell or a solicitation of an offer to buy any security. Compliance Code: 1 Assets Under Supervision (AUS) includes assets under management and other client assets for which Goldman Sachs does not have full discretion. AUS figure is as of March 31, 2025.
Bloomberg
6 days ago
- Business
- Bloomberg
Trump Global Tariffs Deemed Illegal, US to Revoke Chinese Student Visas
The vast majority of President Donald Trump's global tariffs were deemed illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda. A panel of three judges at the US Court of International Trade in Manhattan issued a unanimous ruling Wednesday which sided with Democratic-led states and small businesses that accused Trump of wrongfully invoking an emergency law to justify the bulk of his levies. The court gave the administration 10 days to 'effectuate' its order, but didn't spell out any steps it must take to unwind the tariffs. Meanwhile the US plans to start 'aggressively' revoking visas for Chinese students, Secretary of State Marco Rubio said. Today's guests: Virginie Maisonneuve, Allianz Global Investors, Jim O'Neill, former Goldman Sachs Asset Management Chairman, Amrita Sen, Energy Aspects Founder. (Source: Bloomberg)
CNBC
7 days ago
- Business
- CNBC
Jim O'Neil: Donald Trump is undermining the cyclical & structural outlook for the US dollar
Jim O'Neil, former UK Treasury Minister and former chairman of Goldman Sachs Asset Management, joins CNBC's 'Squawk on the Street' to discuss how the U.S. dollar's global dominance may be challenged, whether alternatives to the dollar exist, and more.
CNBC
7 days ago
- Business
- CNBC
Watch CNBC's full interview with former UK Treasury Minister Jim O'Neil
Jim O'Neil, former UK Treasury Minister and former chairman of Goldman Sachs Asset Management, joins CNBC's 'Squawk on the Street' to discuss how the U.S. dollar's global dominance may be challenged, whether alternatives to the dollar exist, and more.
