MW: Goldman closes latest mezzanine debt fund at $15.2bln

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MARKETWATCH reports:

Goldman Sachs Group Inc. GS, +1.99% said Thursday it drew in $15.2 billion in capital for West Street Mezzanine Partners VIII, a debt fund. “We believe our differentiated approach allows us to navigate the volatile current market conditions and position ourselves to best identify investment opportunities that drive attractive risk-adjusted returns for our investors,” said Julian Salisbury, chief investment officer for Asset & Wealth Management. Shares of Goldman Sachs are down 6.7% in the past year, compared to a 6.3% loss by the Dow Jones Industrial Average DJIA, +0.80%.