A new division is likely to have about $140 billion in assets
Goldman Sachs Group Inc. is building a mini-Blackstone Group LP in a bid to boost a flagging stock price.
The Wall Street firm is pulling together four separate units that invest in private companies, real estate and other hard-to-access deals, creating a new unit and planning a fundraising blitz, according to people familiar with the matter. Goldman is trying to grow the kind of steady, income-generating business that investors like.
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