The Wall Street bank has held talks with investors in the region about raising money
Goldman Sachs Group Inc. is working on raising a Middle East-focused fund and hired a longtime JPMorgan Chase & Co. banker to run it، according to people familiar with the matter.
The Wall Street bank has held talks with investors in the region about raising money for the open-ended fund، the people said، asking not to be named as the information isn’t public. Talks are ongoing and the fund’s final size hasn’t been decided yet، they said.
“We are continuing to expand our presence in Saudi…
