Goldman Sachs raises $3.8bn

The firm is targeting $10bn for the mezzanine fund.

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Goldman Sachs has raised $3.8 billion to date for its GS Mezzanine Partners VII, per a Securities and Exchange Commission filing.

The firm has set a $10 billion and began fundraising in June 2017. It held a first close on $730 million back in August.

The firm will use the capital to make mezzanine debt investments in a diverse number of sectors globally.