Goldman Sachs to Acquire Westpeak Global Advisors

April 30, 2014

On April 22, 2014, Goldman Sachs Asset Management announced that it will acquire Westpeak Global Advisors, a smart beta business.  Goldman Sachs Asset Management also announced the launch of the Advanced Beta Strategies platform, which will include Westpeak, and a range of liquid alternative beta strategies.

On April 22, 2014, Goldman Sachs Asset Management (“GSAM”) announced that it will acquire Westpeak Global Advisors, a smart beta business based in Boulder, CO, for an undisclosed sum.

GSAM also announced the launch of the Advanced Beta Strategies platform, which currently represents approximately $30 billion in assets under supervision. The new platform will include Westpeak, GSAM’s S&P Global Intrinsic Value Index strategies, tax-sensitive equity strategies, and liquid alternative beta strategies.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions