NasdaqGS:TROWCapital Markets
Will Goldman Sachs Partnership and $1 Billion Equity Stake Transform T. Rowe Price Group's (TROW) Retirement Strategy?
Goldman Sachs and T. Rowe Price recently announced a major collaboration to provide diversified public and private market investment solutions, with Goldman planning to invest up to US$1 billion in T. Rowe Price stock for a 3.5% equity stake.
This alliance stands out by aiming to broaden access to private markets for retirement and wealth investors, signaling a significant shift toward integrated, co-branded offerings between two leading financial firms.
We'll explore how this new...