Goldman Sachs’ acquisition of Industry Ventures represents a strategic move in private equity expansion, as the investment bank agreed to purchase the $7 billion venture capital firm. The Goldman Sachs acquisition, announced October 13, 2025, strengthens the bank’s position in alternative investments and also boosts venture capital deal activity under CEO David Solomon‘s leadership. Right now, this marks one of the bigger moves in the venture capital space this year.
Goldman Sachs Acquisition Strengthens Private Equity and Venture Capital Reach
The Goldman Sachs takeover of Industry Ventures introduces Industry Ventures into the growing alternatives platform at Goldman Sachs. Meanwhile, the transaction offers a certain degree of gravitas to the activities of the venture capital of the bank. Industry Ventures has a portfolio of approximately 7 billion dollars and they have already made more than 1000 secondary and even primary investments since they started back in 2000. The company reached an 18 percent net return and a 2.2x capital invested after starting the business.
David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, had this to say:
“Industry Ventures pioneered venture secondary investing and early-stage hybrid funds, areas that are rapidly expanding as companies stay private longer and investors seek new forms of liquidity. Industry Ventures’ trusted relationships and venture capital expertise complement our existing investing franchises and expand opportunities for clients to access the fastest growing companies and sectors in the world.”
Also Read: Goldman Sachs Turns Optimistic on Stocks For Next 3-12-Months
Private Equity Expansion Accelerates Growth Strategy
This venture capital deal actually accelerates Goldman’s private equity expansion toward its $540 billion alternatives business target. Industry Ventures specializes in venture secondary investing and also early-stage hybrid funds, which provides the Goldman Sachs acquisition with benefits across multiple investment stages. At the time of writing, the deal is still subject to regulatory approvals.
David Solomon also stated:
“We believe the venture capital market is at a pivotal inflection point as technology and artificial intelligence reshape the world. By combining the global resources of Goldman Sachs with the venture capital expertise of Industry Ventures, we can deliver differentiated solutions to our clients and support the next generation of transformative companies.”
The Goldman Sachs acquisition brings Industry Ventures into its growing alternatives platform, and the deal adds some real weight to the bank’s venture capital operations. Industry Ventures handles around $7 billion in assets and has completed over 1,000 secondary and also primary investments since they got started back in 2000. The firm hit an 18% net return along with about a 2.2x multiple on capital invested since launch.
Also Read: Goldman Sachs Raises S&P 500 Target to 7,200