Goldman comments on AI investment cycle and deal activity
Goldman Sachs CEO David Solomon says the AI investment cycle is expanding capital needs beyond core technology and infrastructure, energy, and data centers.
Goldman CEO says deals backlogs increased to its highest level in five years.
Goldman CEO says client activity was particularly strong in Asia, driven in part by robust AI capital formation and investment.
Goldman CEO says we raised $31 billion in private credit in Q2.
Goldman CEO says we are further accelerating growth across asset and wealth management through targeted acquisitions.
Goldman CEO says AI buildout is still in early stages.
Goldman CFO says sponsor-backed deal volumes are still subdued versus historical averages.
Goldman CFO says expect full-year fundraising in alternatives to exceed $125 billion.