Growth Equity at Goldman Sachs Alternatives Announces Definitive Agreement for Portfolio Company Canoe Intelligence to be Acquired by Bloomberg

Growth Equity at Goldman Sachs Alternatives Announces Definitive Agreement for Portfolio Company Canoe Intelligence to be Acquired by Bloomberg

NEW YORK, New York - July 29, 2026 - The Growth Equity business at Goldman Sachs Alternatives ("Goldman Sachs") today announced that its portfolio company, Canoe Intelligence ("Canoe"), a leading AI-powered data management and intelligence platform for automating private markets, has entered into a definitive agreement to be acquired by Bloomberg.

Goldman Sachs Alternatives led Canoe's $36 million Series C financing round in July 2024. Since that investment, Canoe has rapidly scaled its AI-driven technology platform to automate the collection, extraction, and delivery of alternative investment data. Today, Canoe processes over 1.5 million documents per month across more than 44,000 funds, delivering structured, portfolio-ready insights to over 500 institutional clients representing more than $11 trillion in assets under service.

The transaction is subject to customary regulatory approvals. Jefferies LLC acted as the exclusive financial advisor to Canoe. Cooley LLP served as legal counsel to Canoe and K&L Gates LLP served as legal counsel to Goldman Sachs Alternatives.

About Canoe

Canoe Intelligence ("Canoe") is the data management and intelligence platform for smarter alts management. Canoe redefines alternative investment intelligence with AI-driven software that directly addresses the core challenges of private markets. Its technology empowers institutions, LPs, and wealth managers to future-proof their alts infrastructure, modernizing systems and providing a scalable foundation for long-term growth and compliance. By automating manual data processing with AI-native precision, Canoe helps clients reduce operational costs and risks, significantly lowering overhead and mitigating errors. Ultimately, Canoe's timely, accurate, and comprehensive data enables investment teams to drive superior investment outcomes through deeper insights and more profitable allocation strategies. With Canoe, it's all about making Alts, smarter. Learn more at www.canoeintelligence.com.

About Growth Equity at Goldman Sachs Alternatives

Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $645 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, venture capital, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.

The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. Goldman Sachs has more than $4.0 trillion in assets under supervision globally as of June 30, 2026.

Since 2003, Growth Equity at Goldman Sachs Alternatives has invested over $17 billion in companies led by visionary founders and CEOs. The team focuses on investments in growth stage and technology-driven companies spanning multiple industries, including enterprise technology, financial technology, consumer and healthcare.

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Media Contact

For Goldman Sachs:
Victoria Zarella
[email protected]