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Goldman Sachs Asset Management

company

Goldman Sachs Asset Management (GSAM) is a global investment manager with a significant focus on infrastructure equity. They invest across a broad range of infrastructure sectors, including digital, transport, utilities, and energy transition, seeking long-term capital appreciation through both control and minority stakes in essential assets globally. Their strategy often targets brownfield and operating assets, but also selectively invests in greenfield development.

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Founded 1869 49,000 employees Parent: The Goldman Sachs Group, Inc.
Investment FundInvestorAsset Manager

Strategic Overview

  • GSAM's infrastructure strategy emphasizes long-term, stable cash flows from essential assets.
  • They focus on both established markets (North America, Western Europe, Australia) and select growth opportunities in emerging markets.
  • Significant capital allocation towards energy transition (renewables, storage, bioenergy) and digital infrastructure (data centers, fiber).
  • Often partners with experienced operators and developers, taking both control and minority stakes.
  • Actively pursuing platform investments to build scale in specific infrastructure sub-sectors.

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Key People

Julian Salisbury
Chief Investment Officer, Asset & Wealth Management
Scott Lebovitz
Global Co-Head of Infrastructure Investing
Philippe Camu
Global Co-Head of Infrastructure Investing

Track Record

Notable projects: AirTrunk (Data Centers), Verdalia Bioenergy (Biogas), GridStor (Battery Storage), Synthos Green Energy (SMRs, Renewables)

Detailed Analysis

Sectors
Digital/TelecomEnergy TransitionTransportUtilities
Geographies
North AmericaWestern EuropeUKAustralia/NZAsia PacificNordicsLatin AmericaMiddle EastItalySpain
Deal Stage
BrownfieldOperatingGreenfield

Portfolio Companies

AirTrunk — Digital/TelecomVerdalia Bioenergy — Energy TransitionGridStor — Energy TransitionSynthos Green Energy — Energy TransitionRete Rinnovabile — Energy TransitionNextGenAccess — Digital/Telecom

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