Goldman Sachs Asset Management has closed West Street Global Growth Partners I at $5.2 billion, a news release said Tuesday.
The manager's inaugural growth equity fund closed above an undisclosed fundraising target, according to the release.
West Street Global Growth Partners I seeks minority stakes averaging about $50 million in high-growth enterprise technology, financial technology, health care and consumer businesses.
Among the companies in which the fund has already made investments are market intelligence software provider AlphaSense, warehouse automation company Locus Robotics and Chinese life sciences robotics firm MegaRobo.
Investors in West Street Global Growth Partners I include the C$529 billion ($394.8 billion) Canada Pension Plan Investment Board, Toronto.