GS FoF Closes $600M+

Goldman Sachs Private Equity's fund of funds group has wrapped up the largest Asia focused vehicle of the year, closing somewhere north of $600 million, according to a person close to the effort. LBO Wire reported that the final tally for Goldman Sachs Private Equity Partners Asia Fund LP did not include the bank's own commitment, this person said. Goldman targeted $350 million to $500 million for the fund of funds. The final tally tops the $515 million record set earlier this year, when Asia Alternatives Management LLC wrapped up its debut fund of funds. www.gs.com