trending Market Intelligence /marketintelligence/en/news-insights/trending/qt_e93AtdD6QbD6ADVVxNA2 content esgSubNav
In This List

Goldman Sachs affiliate to acquire Genesis Capital

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


Goldman Sachs affiliate to acquire Genesis Capital

A Goldman Sachs Group Inc. affiliate is buying Genesis Capital LLC, a specialty lender to professional residential real estate developers.

Genesis is being acquired from Oaktree Capital Management LP-managed funds. Deal terms were not disclosed.

Wells Fargo Securities served as Genesis' financial adviser. Munger Tolles & Olson acted as legal counsel to both Genesis and Oaktree. Goldman was advised by Goldman Sachs & Co. LLC, Davis Polk & Wardwell and Mayer Brown LLP.