Investment adviser · CRD 107738

GOLDMAN SACHS ASSET MANAGEMENT, L.P.

NEW YORK, NY, United States · Form ADV filed Mar 31, 2026

Regulatory AUM
$2.65T
Form ADV · Item 5.F
Client accounts
249,499
Accounts, not individual clients
Employees
2,059
Reported in this filing
Advisory professionals
1,379
Investment advisory functions

How this adviser has changed

Annual filings

Regulatory assets under management

Reported regulatory AUM by annual filing$0$1.32T$2.65TFY 2021: $1,548,963,564,024.00FY 2021FY 2022: $1,577,579,815,722.00FY 2022FY 2023: $1,661,286,615,154.00FY 2023FY 2024: $2,064,740,000,000.00FY 2024FY 2025: $2,648,902,942,827.00FY 2025

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal yearRegulatory AUMEmployeesFiled
2021$1,548,963,564,0241,227Mar 31, 2022
2022$1,577,579,815,7221,351Mar 31, 2023
2023$1,661,286,615,1541,305Mar 28, 2024
2024$2,064,740,000,0001,451Mar 31, 2025
2025$2,648,902,942,8272,059Mar 31, 2026

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Investment companies204$777,262,188,41629.3%
Pooled investment vehicles5,840$703,555,606,75226.6%
High-net-worth individuals33,593$334,826,540,95012.6%
Retirement plans220$268,975,246,98710.2%
Insurance companies233$215,317,231,8958.1%
Corporations & businesses3,559$182,912,418,6686.9%
Other clients5,229$48,083,312,1841.8%
Individuals71,675$32,192,464,7091.2%
Business development companies11$29,068,230,3051.1%
Charities625$24,687,891,2930.9%
Sovereign wealth & foreign institutions7$17,939,574,7450.7%
Other investment advisers122$7,919,802,0760.3%
Government entities7$4,387,574,4090.2%
Banks & thriftsFewer than 5$1,774,859,4380.1%
Filing source

Form ADV 2074111 · Mar 31, 2026 · Item 5.D

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

1,279 detailed fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

BROAD STREET LOAN PARTNERS IV OFFSHORE - UNLEVERED FEEDER AIV, SLPOther Private Fund$281Gross asset value
Auditor PRICEWATERHOUSECOOPERS, SOCI?T? COOP?RATIVE LUXEMBOURG, Luxembourg Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS, SOCI?T? COOP?RATIVE LUXEMBOURG, Luxembourg Other funds reporting this name →
Custodian BARCLAYS NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC, JERSEY BRANCH ST. HELIER, Jersey Related to adviser: No Other funds reporting this name →
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

PRICEWATERHOUSECOOPERS, SOCI?T? COOP?RATIVE
PCAOB 1328

PRICEWATERHOUSECOOPERS, SOCI?T? COOP?RATIVE
PCAOB 1328

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-6291728095
Reported beneficial owners
45
Minimum commitment
$0

Form ADV 2074111 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BROAD STREET LOAN PARTNERS IV OFFSHORE FEEDER AIV, SLPOther Private Fund$255Gross asset value
Auditor PRICEWATERHOUSECOOPERS, SOCI?T? COOP?RATIVE LUXEMBOURG, Luxembourg Other funds reporting this name →
Custodian BARCLAYS NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC, JERSEY BRANCH ST. HELIER, Jersey Related to adviser: No Other funds reporting this name →
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian CITIBANK N.A. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

PRICEWATERHOUSECOOPERS, SOCI?T? COOP?RATIVE
PCAOB 1328

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-8923723647
Reported beneficial owners
42
Minimum commitment
$0

Form ADV 2074111 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

AEGIS INVESTORS, L.P.Private Equity Fund$0Gross asset value
Fund administrator STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →
Marketer GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: Yes Other funds reporting this name →
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 801-16048

Fund details & source
Fund ID
805-3550098069
Reported beneficial owners
0
Minimum commitment
$0

Form ADV 2074111 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

A FIREWORK, LLCReal Estate Fund$0Gross asset value
Custodian 77 BANK SENDAI, Japan Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC, JERSEY BRANCH ST. HELIER, Jersey Related to adviser: No Other funds reporting this name →
Custodian CA INDOSUEZ WEALTH (EUROPE) LUXEMBOURG, Luxembourg Related to adviser: No Other funds reporting this name →
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian CHINA (SHANGHAI) PILOT FREE TRADE ZONE BRANCH, BANK OF CHINA, SHANGHAI SHANGHAI, China Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
Yes

CARTA SECURITIES, LLC
SEC 8-69701

CHINA (SHANGHAI) PILOT FREE TRADE ZONE BRANCH, BANK OF CHINA, SHANGHAI
SEC 8-60223

Fund details & source
Fund ID
805-7580303252
Reported beneficial owners
1
Minimum commitment
$0

Form ADV 2074111 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

A FREEDOM III, L.L.C.Real Estate Fund$0Gross asset value
Custodian 77 BANK SENDAI, Japan Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC, JERSEY BRANCH ST. HELIER, Jersey Related to adviser: No Other funds reporting this name →
Custodian CA INDOSUEZ WEALTH (EUROPE) LUXEMBOURG, Luxembourg Related to adviser: No Other funds reporting this name →
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian CHINA (SHANGHAI) PILOT FREE TRADE ZONE BRANCH, BANK OF CHINA, SHANGHAI SHANGHAI, China Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
Yes

CARTA SECURITIES, LLC
SEC 8-69701

CHINA (SHANGHAI) PILOT FREE TRADE ZONE BRANCH, BANK OF CHINA, SHANGHAI
SEC 8-60223

Fund details & source
Fund ID
805-4604565332
Reported beneficial owners
1
Minimum commitment
$0

Form ADV 2074111 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

A FREEDOM II, L.L.C.Real Estate Fund$0Gross asset value
Custodian 77 BANK SENDAI, Japan Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC, JERSEY BRANCH ST. HELIER, Jersey Related to adviser: No Other funds reporting this name →
Custodian CA INDOSUEZ WEALTH (EUROPE) LUXEMBOURG, Luxembourg Related to adviser: No Other funds reporting this name →
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
Yes

CARTA SECURITIES, LLC
SEC 8-69701

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-5112378874
Reported beneficial owners
1
Minimum commitment
$0

Form ADV 2074111 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

A FREEDOM, L.L.C.Real Estate Fund$0Gross asset value
Custodian 77 BANK SENDAI, Japan Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No Other funds reporting this name →
Custodian BARCLAYS BANK PLC, JERSEY BRANCH ST. HELIER, Jersey Related to adviser: No Other funds reporting this name →
Custodian CA INDOSUEZ WEALTH (EUROPE) LUXEMBOURG, Luxembourg Related to adviser: No Other funds reporting this name →
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
Yes

CARTA SECURITIES, LLC
SEC 8-69701

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-9831027264
Reported beneficial owners
1
Minimum commitment
$0

Form ADV 2074111 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Feb 27, 2026 · previous imported filing

  • Regulatory AUM$2,064,742,622,313 → $2,648,902,942,827
  • Client accounts220,874 → 249,499
  • Employees1,451 → 2,059
Filing source

Form ADV 2074111 · Mar 31, 2026 · Items 1 & 5

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary
$2.57T
Non-discretionary
$79.2B

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers · Educational seminars

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

200 WEST STREET
NEW YORK, NY, 10282, United States

CRD 107738

Filing source

Form ADV 2074111 · Mar 31, 2026 · Items 1 & 5

Reported by GOLDMAN SACHS ASSET MANAGEMENT, L.P. (CRD 107738).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.