Goldman Sachs Secures $43.4 Billion UPS North American Pension Fund Assets Deal

May 16, 2024, 02:36 PM

Goldman Sachs has secured a significant deal to manage $43.4 billion in pension fund assets for UPS. The agreement appoints Goldman Sachs Asset Management as the outsourced chief investment officer for the North American pension fund assets of the parcel-delivery company. This mandate involves overseeing the pension funds in both the U.S. and Canada. Goldman Sachs clinched the $43 billion mandate, highlighting its strong position in asset management.