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Goldman Sachs Trading Volume Surges 42.84% to $1.041 Billion, Ranks 72nd in Daily Turnover
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 8:08 pm ET1min read
On June 3, 2025,
(GS) saw a significant increase in trading volume, with a turnover of $1.041 billion, marking a 42.84% rise from the previous day. This surge placed Goldman Sachs at the 72nd position in terms of trading volume for the day. The stock price of Goldman Sachs rose by 0.85%.Goldman Sachs is actively seeking to raise funds for its 10th iteration of its flagship secondaries fund, aiming to surpass the $14.2 billion raised in previous iterations. This initiative is part of the firm's asset management unit's strategy to expand its secondaries platform, which has already grown to $44 billion under the leadership of Harold Hope.
In May 2024, Goldman Sachs Asset Management successfully raised $3.6 billion for the new $7 billion Real Estate Credit Fund, known as West Street Real Estate Credit Partners IV. This fund is part of the firm's broader strategy to invest in real estate credit opportunities, further diversifying its asset management portfolio.
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