Goldman's Acquires Hague Based Investment Manager for 355 billion dollar European AuS Boost (With Caveats)

Goldman Sachs has agreed to acquire Hague-based NN Investment Partners for 1.6 billion Euros from NN Group NV.  The deal is expected to close end Q1 2022. The acquisition fits into GS' strategy to scale its European business. Assets under supervision will increase by approximately 355 billion dollars (some caveats over some mortgage assets which will continue to be managed by NN Group). GS has 2.3 trillion dollars in Assets under supervision globally.