Goldman Sachs funds Slate

Goldman Sachs Asset Management's Petershill program has made an investment in Slate Asset Management LP, an alternative asset management platform with a focus on real estate and real assets. No financial terms were disclosed. As part of the deal, Slate founders Blair and Brady Welch have made a long-term commitment to the business. According to the firm, Slate has closed over US$11 billion of transactions across Canada, the U.S. and Europe. Slate has offices in Toronto, Calgary, Chicago and Frankfurt.

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