The partnership is aimed at delivering new target-date strategies that integrate private market investments from Goldman Sachs by mid-2026.
Goldman Sachs and T. Rowe Price have entered into a strategic partnership to develop a range of investment solutions that combine public and private market exposure, with a particular emphasis on retirement and wealth management. As part of the agreement, Goldman Sachs plans to invest up to US$1 billion in T. Rowe Price common stock through open-market purchases, targeting a stake of up to 3.5 percent. The collaboration brings together Goldman Sachs’ expertise in private markets and T. R