Goldman Sachs Bulks Up Asset Management Business With LCN Deal
Goldman Sachs is expanding its asset management division through the acquisition of LCN Capital Partners for up to $410 million. This marks the firm's second major deal in a week as it works to grow its $4 trillion money-management business. The acquisition adds commercial real estate expertise, particularly in sale-leaseback agreements and triple-net leases, to Goldman's portfolio.
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Goldman Sachs Bulks Up Asset Management Business With LCN Deal
Goldman Sachs is expanding its asset management division through the acquisition of LCN Capital Partners for up to $410 million. This marks the firm's second major deal in a week as it works to grow its $4 trillion money-management business. The acquisition adds commercial real estate expertise, particularly in sale-leaseback agreements and triple-net leases, to Goldman's portfolio.
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