Goldman Sachs Alternatives raised $11.7 billion across its latest private equity funds and related vehicles, including $9.6 billion for West Street Capital Partners IX, $1.6 billion for West Street Asia Equity Partners I and $500 million for co-investment vehicles. More than one-third of WSCP IX commitments are already invested. The fund attracted institutional and wealthy investors from North America, Europe and the Middle East, with Goldman Sachs and its employees also making sizable commitments. Its portfolio includes Schellman, Numantec and Excel Sports Management. Michael Bruun, global co-head of private equity at Goldman Sachs Alternatives, said the firm typically holds companies for four to five years and targets enterprise values starting around $500 million and reaching roughly $2 billion to $3 billion. The fundraising comes as middle-market dealmaking remains selective: U.S. middle-market deal value rose 14.7% to $421.1 billion in 2025, while first-half 2026 transaction volumes were lower and sponsors prioritized opportunities aligned with their underwriting and sector expertise. Goldman Sachs Alternatives had $459 billion in assets under supervision as of June 30 and is targeting $750 billion by the end of 2030.