Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge
Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report Monday, in a deal that underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash … Read more