Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe

Goldman Sachs has launched a new alternative investments platform to give wealthy clients and family offices direct access to stakes in private companies like SpaceX and Stripe, rather than only through broader private equity funds. The platform combines its existing alternatives business with new teams focused on direct investments and helping clients buy and sell those stakes. This move reflects the trend of startups staying private longer, allowing wealthy investors to capture growth before companies go public at high valuations.