Tue Sep 12, 2006 3:06pm ET
NEW YORK, Sept 12 (Reuters) - Goldman Sachs Group Inc. (GS.N: Quote, Profile, Research) Chief Financial Officer David Viniar on Tuesday confirmed that the investment bank is raising money for an infrastructure investment fund.
Viniar declined to specify the size of the fund or expected closing date. Goldman Sachs spokesman said the firm cannot comment until an investment fund has completed fund-raising.
In a conference call with analysts, Viniar observed that Goldman's asset management arm reported $30 billion of net in-flows during the quarter. Of that, "roughly $5 billion (was) from new funds we raised during the quarter, including an infrastructure fund," he said.
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Posted by rjorr at September 12, 2006 9:07 PM