GSAM survey finds LPs ready to increase allocation to alts

Investors made the mistake of pulling back in the downturns of 2001 and 2008 and want to avoid that now.

At a roundtable on 22 September, Goldman Sachs Asset Management released a survey of investors in the private markets, disclosing a surprising level of optimism about investment opportunities.

The statement released with the survey quotes Francis Idehen, partner and US head of alternative multistrategy solutions at GSAM, saying “investors do not want to repeat the mistakes many made in 2001 and 2008 by pulling back from alternatives, then struggling to plug the vintage-year holes in their portfolios.