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Goldman Sachs to name fewer than 60 partners in 2020: WSJ
Reuters
Last Updated IST

Goldman Sachs Group Inc will name fewer than 60 partners in 2020, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Partners will receive carried interest, a portion of future profits taxed at low rates, in four of Goldman's private investment funds starting this year, according to the report.

The firm will lend partners up to half a million dollars to increase their personal investment, the report added.

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Goldman declined to comment on the report.

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(Published 06 October 2020, 19:12 IST)