Goldman Sachs to name fewer than 60 partners in 2020: WSJ By Reuters

© Reuters. FILE PHOTO: FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the NYSE in New York

(Reuters) – Goldman Sachs Group Inc (N:) will name fewer than 60 partners in 2020, the Wall Street Journal reported 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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