The “Launch with GS” initiative will see the bank invest both its own money and clients’ capital in private, late-stage companies which are female- founded, owned and or run. Goldman will also support female investment managers establishing their own funds. “We also hope it makes a difference for women who have big ideas but find themselves cut out of the funding ecosystem.” In 2014, Goldman helped create the Women Entrepreneurs Opportunity Facility designed to encourage banks to lend to small- and medium-sized enterprises led by women. This is a big deal for women because it shows that Wall Street has finally started listening to them.
The “Launch with GS” initiative will see the bank invest both its own money and clients’ capital in private, late-stage companies which are female- founded, owned and or run. Goldman will also support female investment managers establishing their own funds. In 2014, Goldman helped create the Women Entrepreneurs Opportunity Facility designed to encourage banks to lend to small- and medium-sized enterprises led by women. This is a big deal for women because it shows that Wall Street has finally started listening to them.