Goldman Sachs Closes GS Capital Partners VI

NEW YORK--(BUSINESS WIRE)--The Goldman Sachs Group, Inc. (NYSE: GS) today announced it has closed GS Capital Partners VI with $20 billion in committed capital, $11 billion from qualified institutional and high net worth clients and $9 billion from the firm and its employees. This is the sixth global, diversified fund dedicated to making privately negotiated equity investments.

The Fund will invest across a broad range of industries and will seek to create value through meaningful involvement with portfolio companies’ strategic decision-making and operating philosophy. GS Capital Partners VI seeks long-term capital appreciation by committing equity to high-quality companies with superior management in a variety of situations, including leveraged buyouts, recapitalizations, and growth investments to fund acquisitions or expansion.

Goldman Sachs’ Principal Investment Area has over 125 investment professionals in New York, London, Hong Kong, Tokyo and San Francisco with expertise in a wide variety of industries. Selected investments include Ahlsell AB; Allied World Assurance Company Holdings, Inc.; ARAMARK Corporation; Burger King Holdings, Inc.; Capmark Financial Group; Coffeyville Acquisition, LLC; Cognis GmbH; Education Management Corporation; Executive Jet, Inc.; Hawker Beechcraft Corporation; Hana Financial Group; Hexcel Corporation; ISS A/S; Kinder Morgan, Inc.; Kion Group; Kookmin Bank; Mindray Medical International Limited; Nalco Company; Orion Power Holdings; PagesJaunes Group SA; Ping An Insurance Co. of China; Polo Ralph Lauren Corporation; Prysmian Cables & Systems; Sanyo Electric Co., Ltd.; SunGard Data Systems, Inc.; Universal Studios Japan; VoiceStream Wireless Corporation; Western Wireless Corporation; and Yankees Entertainment and Sports Network.

Founded in 1869, Goldman Sachs is one of the oldest and largest investment banking firms. Goldman Sachs is also a global leader in private corporate equity and mezzanine investing. Established in 1991, the GS Capital Partners family of funds is part of the firm’s Principal Investment Area in the Merchant Banking Division. Goldman Sachs’ Principal Investment Area has formed 13 investment vehicles aggregating $56 billion of capital raised. GS Capital Partners VI is the current primary investment vehicle for Goldman Sachs to make large, privately negotiated equity investments.

Contacts

The Goldman Sachs Group, Inc.
Media:
United States:
Michael DuVally or Gia Morón
212-902-2605 or 212-902-4307
or
Europe:
Rebecca Nelson, 44-20-7-552-4358

GS Capital Partners

Goldman Sachs is a global leader in corporate equity investing. Since 1986, Goldman Sachs has invested over $36 billion of equity in over 600 companies globally. Goldman Sachs is currently investing its GS Capital Partners VI fund, comprised of $20 billion of equity, including over $7.4 billion of capital from Goldman Sachs. As experienced investors, we offer the following unique set of benefits to our investment and investing partners:

Partnership Approach
Our investors rely on our ability to build strong, long-term relationships, to source attractive investments, and to maximize returns. As part of the Goldman Sachs global network, we have access to world-class management teams with expertise in a variety of industries. Moreover, our investment partners include a number of preeminent private equity groups as well as leading corporations, which can bring unique strategic elements to special situations. Together with these partners, we commit resources to help build companies that will achieve and retain market leadership positions. We have built a partnership model based on reciprocity which allows us to create investment opportunities to share with other financial sponsors as well as invest alongside them in investment opportunities that they generate.

Leveraging Goldman Sachs
We provide access to the resources and expertise of Goldman Sachs to our business partners and portfolio companies. These capabilities include sophisticated financial advice in public and private market financings, mergers and acquisitions, real estate, investment and economic research, trading, foreign exchange,and commodities. Furthermore, we leverage relationships with thousands of companies, individuals, and governments worldwide that can be important in structuring and operating successful business ventures.

Structuring Creative Solutions
The scale of our committed capital, Goldman Sachs' sponsorship, and our experienced investment team enable us to take a creative approach to structuring attractive investments. These advantages allow us to consider a broad set of investment opportunities and develop a customized solution that maximizes both the success of our portfolio companies and the potential returns to our investors.

Ability to Execute in Challenging Environments
Our broad access to financing and capital markets, combined with our established relationships, have proven critical to successful execution, even in difficult market environments.

Ongoing Commitment to Our Portfolio Companies
Our investments are designed to support the company's long-term goals and to build value. We believe that management is most qualified to run the day-to-day business and we assist by actively participating in the boards of our portfolio companies. In addition, we take an active role in supporting management and in providing additional resources and capital to assist our portfolio companies.