T. Rowe Price debuts Goldman Sachs Private Markets Fund
TROW•Private markets fund launch
T. Rowe Price launched the T. Rowe Price Goldman Sachs Private Markets Fund, an interval fund offering access to private markets.
- Portfolio targets private equity, private credit, private real estate, private infrastructure, leveraged loans.
- Quarterly repurchase offers set at 5% to 25% of outstanding shares at NAV, typically 5%, limiting liquidity.
- Retail share classes TGPAX and TGPDX require a USD 2,500 minimum; institutional TGPIX requires USD 1 million.
