{"id":100681,"date":"2025-10-14T07:25:52","date_gmt":"2025-10-14T07:25:52","guid":{"rendered":"https:\/\/neclink.com\/index.php\/2025\/10\/14\/goldman-sachs-is-acquiring-industry-ventures-for-up-to-965m-as-alternative-vc-exits-surge\/"},"modified":"2025-10-14T07:25:52","modified_gmt":"2025-10-14T07:25:52","slug":"goldman-sachs-is-acquiring-industry-ventures-for-up-to-965m-as-alternative-vc-exits-surge","status":"publish","type":"post","link":"https:\/\/neclink.com\/index.php\/2025\/10\/14\/goldman-sachs-is-acquiring-industry-ventures-for-up-to-965m-as-alternative-vc-exits-surge\/","title":{"rendered":"Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge"},"content":{"rendered":"


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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<\/a> on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish.<\/p>\n

The investment bank is paying $665 million in cash and equity, with up to $300 million more tied to the firm\u2019s performance through 2030, according to a release from Goldman. The deal is expected to close in the first quarter of next year, and all 45 Industry Ventures employees are expected to join Goldman.<\/p>\n

We\u2019ve reached out to Swildens for more information.<\/p>\n

The acquisition comes as venture funds increasingly turn to non-traditional exits amid a prolonged IPO drought that only now looks to be breaking. Speaking on TechCrunch\u2019s StrictlyVC Download podcast<\/a> earlier this year, Industry Ventures founder and CEO Hans Swildens said that tech buyout funds now account for 25% of all liquidity in the entire venture ecosystem \u2014 \u201ca huge chunk of liquidity,\u201d he said.<\/p>\n

Swildens explained that venture managers are being forced to adapt their approach. \u201cJust going out and seeing companies, putting them in your fund and then waiting for an IPO or strategic M&A exit probably won\u2019t work anymore,\u201d he said in the podcast interview. \u201c[VCs] need to start working on alternative liquidity solutions.\u201d<\/p>\n

At the time \u2014 in April \u2014 he noted that at least five major venture funds had hired full-time staff dedicated to manufacturing non-traditional exits, including secondary transactions, continuation funds, and buyouts. \u201cAll the brand name funds are all staffing and thinking through liquidity structures,\u201d Swildens said.<\/p>\n

Goldman is making the acquisition to bolster its $540 billion alternatives investment platform, which the bank has identified as a key growth engine.<\/p>\n

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Techcrunch event<\/p>\n

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\n\t\t\t\t\t\t\t\t\tSan Francisco<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\t|<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 27-29, 2025<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

\u201cIndustry Ventures\u2019 trusted relationships and venture capital expertise complement our existing investing franchises and expand opportunities for clients to access the fastest growing companies and sectors in the world,\u201d Goldman CEO David Solomon said in a prepared statement. \u201cBy combining the global resources of Goldman Sachs with the venture capital expertise of Industry Ventures, we are uniquely positioned to serve the increasingly complex needs of entrepreneurs, private technology companies, limited partners, and venture fund managers,\u201d the statement continued.<\/p>\n

Industry Ventures says it has made more than 1,000 investments, has stakes in more than 700 venture firms, and that it boasts an internal rate of return of 18%.<\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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