The Wall Street giant Goldman Sachs Group Inc's (NYSE: GS) asset management arm plans to significantly reduce the $59 billion of alternative investments that weighed on the bank's earnings.

NEW YORK, Feb 7 (Reuters) - Goldman Sachs Asset Management said Tuesday it had closed a $5.2 billion direct private markets fund that invests in high-growth businesses. The fund, one of the ...

NEW YORK, Jan 23 (Reuters) - Goldman Sachs Group Inc's (GS.N), opens new tab asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's ...