Steven Richman Discusses Private Equity Cash Shortage Leading to New Financing Ideas in Bloomberg and Financial Advisor

Steven Richman was quoted in both Bloomberg and Financial Advisor on how a private equity cash shortage is driving new financing strategies. Richman discussed how Goldman Sachs is offering quick-turn financing by moving private equity fund stakes into special-purpose vehicles, providing faster, more certain pricing and flexible terms—such as gain-sharing or relief from future capital calls.

“What makes it potentially more attractive than a straight secondary sale is that if the asset turns out to be a grand slam, there might be some residual upside.”