Goldman Sachs Asset Management (GSAM) is a global leader in the investment management business. With a wide range of investment offerings, GSAM provides superior returns, strategic advice, and tailored solutions to help clients meet their financial goals worldwide. Established in 1980, GSAM provides clients with global expertise across multiple asset classes and geographies. We are proud to manage more than $1 trillion of assets for our clients.
At GSAM, we value our clients’ trust and take seriously our responsibility to provide quality access to sophisticated investing strategies across multiple asset classes and industries as part of long-term investments that can improve financial outcomes. Through GSAM’s unique combination of deep industry expertise, rigorous analysis and innovative thinking, we deliver an investment approach grounded in sound fundamental research focused on opportunity discovery that can lead to market-leading results.
We adhere to the highest levels of ethical standards when executing client portfolios and strive for our customers’ experience with us to continually exceed expectations by providing unparalleled service and delivering exceptional performance under all market conditions. Our commitment is reflected in our focus on building tailored portfolios that meet each client’s unique needs while helping them achieve their desired goals.
Our disciplined approach recognizes the complexities of markets. It helps create peace of mind for investors as we strive toward long-term success across all asset managers entrusted with investments from Goldman Sachs Asset Management (GSAM).
Bloomreach Valuation Soars to $2.2 Billion Following $175 Million Investment Led by Goldman Sachs Asset Management
Goldman Sachs Asset Management is a leading asset manager with a long track record of investing in companies of various sizes and industries. The firm recently led a $175 million investment into Bloomreach, valued at $2.2 billion following the investment.
This article will provide an overview of Goldman Sachs Asset Management and the latest investment into Bloomreach.
Goldman Sachs Asset Management (GSAM) has a long history of providing financial solutions to clients worldwide. Founded in 1988, GSAM’s roots go back to the Goldman Sachs Commodity Index and Asset Management businesses founded in the 1970s. Under the stewardship of evolving senior management teams and leadership, what has become known as Goldman Sachs Asset Management has grown from a single business providing a few custom-created indices for institutional investors into an integrated suite of offerings across asset classes and geographies, creating customized solutions for clients worldwide.
With headquarters in the United States and offices around the globe, GSAM serves a diverse range of clients including institutional investors like pension funds, corporations, governments and insurance companies; retail investors from high net worth individuals to individuals; foundations and endowments; as well as subadvisory intermediaries. Additional presence is through strategic partnerships. The firm also has dedicated relationships with hundreds of providers worldwide, enhancing its ability to source investment opportunities with global reach.
The organization is focused on three core areas: Investment Solutions; Research & Analysis; and Global Distribution & Client Service. Within these areas are products that span traditional strategies such as long-only Core investments to alternative investments such as hedge funds and private equity investments firms. In addition, the organization delivers tailored solutions based on understanding each client’s investment needs – including active or passive management choices or combinations – partnering with them to create customized portfolios that meet their objectives.
Through its collective efforts over decades, GSAM remains an industry leader today helping more than 3 million clients reach their most important financial goals through expertise in portfolio construction and risk management principles formed over our more than 30 year track record.
Goldman Sachs Asset Management (GSAM) is a global asset management firm providing services to investors worldwide. With over 900 professional and support personnel located in the Americas, Europe, Asia and Australia, the firm provides clients a broad range of investment strategies and offerings across asset classes, including public and private fixed income securities, equities, commodities and alternative investments.
At GSAM clients have access to more than 300 investment professionals offering diverse capabilities. The firm offers clients distinct advantages by combining analytical rigor with an experienced approach to portfolio construction. GSAM’s investment process is based on a disciplined bottom-up approach using extensive research, sophisticated quantitative models and proprietary risk management tools.
The firm uses macroeconomic analysis to develop its overriding views on global economic growth trends and long-term secular trends across countries and regions. This helps form their top-down views when investing in securities in specific industry sectors or regions. In addition, the team focuses on risk management across macroeconomic risks such as interest rate movements or foreign exchange volatility and security selection risks like issuer credit quality or sector allocation risk. As part of their overall approach to delivering superior risk adjusted returns GSAM incorporates environmental social and governance objectives throughout their portfolio construction process for those clients who request it.
Investment in Bloomreach
Bloomreach, a martech leader for digital experience platforms, has announced that it has secured $175 million in equity funding. The round was led by Goldman Sachs Asset Management (GSAM) and other participants included European funds and funds managed by BlackRock.
This new investment further expands the Bloomreach valuation to $2.2 billion. Additionally, the new funds will help Bloomreach accelerate its mission to help digital businesses become more resilient, agile and future-ready.
The Investment Round
On October 1, 2020, Bloomreach announced it had closed a $150 million investment round led by Goldman Sachs Asset Management. Bloomreach is a digital experience company that provides businesses with cloud-native solutions for their commerce and marketing needs. This new round will help the company expand its core offering, including product recommendations, personalization and shopper insights.
The new investment from Goldman Sachs Asset Management brings total funding to date for Bloomreach up to $350 million. With these new funds, the company intends to continue building upon its current e-commerce offerings and expand into adjacent markets such as customer service and merchandising insights. The company plans to use the funds to grow its engineering and customer success teams, who will be responsible for scaling out the platform’s capabilities in existing vertically integrated areas like retail and emerging sectors like healthcare. Additionally, the company plans to build on their partnership network to take advantage of key technologies such as predictive analytics and machine learning.
This is not Goldman Sachs’ first foray into the digital experience space — GSAM recently made strategic investments in four leading platforms specializing in conversational AI: Natterbox, Kasisto (KAI), Quiq (IQ) and Anboto (ABE). With this latest investment from Goldman Sachs Asset Management, Bloomreach joins an impressive list of innovative companies driving the digital transformation of enterprise offerings packaged by GSAM’s Precedent portfolio strategy.
Valuation of Bloomreach
Almost two years after Goldman Sachs Asset Management announced its lead investment in Bloomreach, the valuation of this enterprise software company has significantly increased. According to the latest reports, Bloomreach reached a new milestone with an additional investment from Goldman Sachs GSAM’s Private Equity Opportunities Fund and other investors. The Series F round raised $150 million for Bloomreach at a reported pre-money valuation of over $1 billion.
The most recent financing will support growth initiatives within Bloomreach, such as driving further innovation in artificial intelligence and machine learning applications for digital commerce and marketing. Founded in 2009, the San Mateo-based company offers AI products to help large enterprises with digital transformation efforts across their websites, apps and marketing channels. The products enable companies to create personalized customer experiences by optimizing website search results, product recommendations and content optimization across their digital platforms. In short, their software helps ensure that customers always see relevant products no matter how complex their search needs or requirements may be.
With this new investment round complete, the company looks poised to enjoy continued success in helping businesses realize the power of intelligent customer experience optimization solutions offered by Bloomreach’s technology.
Impact of the Investment
On 17th August 2020, Bloomreach, a digital experience platform, announced that it had completed a $175 million investment round to fuel its next growth phase. Goldman Sachs Asset Management led the round, and with this injection of cash Bloomreach’s valuation has now soared to $2.2 billion.
In this article, we will discuss this investment’s impact on Bloomreach’s business.
Impact on Bloomreach
Goldman Sachs Asset Management (GSAM), the investment management arm of Goldman Sachs, has invested in Bloomreach, an e-commerce technology provider. This is one of the largest investments made by Goldman Sachs to date and a further indication that investment dollars are being put into companies focused on helping organizations better leverage technology to engage with customers in the digital space.
The infusion of capital is expected to help fund future investments in AI, ML and analytics technologies and accelerate the development of their open-source software amplifying Bloomreach’s ability to support large enterprises. It will also help push product innovation to enable faster implementation cycle times and allow it to better compete with large e-commerce players in an increasingly competitive market.
The funding from GSAM is expected to have several direct benefits for Bloomreach’s existing customers and partners. In particular, it will enable them to access more powerful technologies such as machine learning and artificial intelligence to provide deeper insights into customer behaviour and preferences for enhanced marketing campaigns. Additionally, with more efficient tweaks to applications across multiple platforms faster implementations are possible through reusable components which should benefit retailers that offer their services across different channels or countries quickly.
This strategic investment is likely to positively impact Bloomreach’s growth trajectory and bolster their technology capabilities, which should ultimately benefit its customers by providing them with more efficient solutions for growing their businesses.
Impact on the Market
The investment from Goldman Sachs Asset Management (GSAM) is expected to significantly impact the market as GSAM’s presence will increase capital and liquidity and facilitate innovation in the market. As a result, the investment is expected to have short-term and long-term impacts on the capital markets.
In the short-term, GSAM’s offer of liquidity will likely help reduce market volatility due to its large amount of capital injected into local and international investments. In addition, the increased diversity in financial instruments and a more efficient trading platform will expand access to more investors. This could lead to a more vibrant market with more opportunities for investors.
In the long run, GSAM’s presence may open up new investment opportunities and drive economic growth, possibly leading to further development of finance industries and new products or services. Globalization could be encouraged due to an increase in foreign direct investment. At the same time, innovation may drive improvement of existing products or evolution into entirely new markets such as cryptocurrency and distributed ledger technology (DLT).
In conclusion, Goldman Sachs Asset Management has the knowledge and expertise to provide the best advice when it comes to investing. They have various investment strategies designed to meet your goals and needs, whether you want short-term gains or long-term growth. No matter your goals, the Goldman Sachs Asset Management team is committed to helping you reach them.
For those interested in further exploring options for their portfolio, Goldman Sachs Asset Management also provides portfolio analysis and research services. They can provide insight into how different investments will work together and review quantitative and qualitative data points that can influence risk-adjusted returns.
Furthermore, they have additional offerings such as cash management accounts that give access to a competitive interest rate and offer fast liquidation times. Furthermore, their global presence gives clients access to expertise in domestic and international markets with unique investment opportunities across the globe. With their comprehensive range of resources, now is the time to explore what Goldman Sachs Asset Management can do for you today.
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