(Reuters) – Goldman Sachs Group Inc (N:) will name fewer than 60 partners in 2020, the Wall Street Journal reported https://on.wsj.com/34JHX8T on Tuesday, citing people familiar with the matter.
Partners will receive carried interest, a portion of future profits taxed at low rates, in four of Goldman’s private investment funds starting this year, according to the report.
The firm will lend partners up to half a million dollars to increase their personal investment, the report added.
Goldman declined comment on the report.
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