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Goldman Sachs AM Wins Eli Lilly $25bn OCIO Mandate
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Goldman Sachs AM Wins Eli Lilly $25bn OCIO Mandate
Goldman Sachs Asset Management announced its appointment by Eli Lilly and Company to provide investment management services for Eli Lilly and Company’s U.S. and Puerto Rico retirement plans. The mandate is approximately $25 billion and will cover defined benefit and defined contribution assets. The decision reinforces Goldman Sachs Asset Management’s position as a leading provider of outsourced chief investment officer (“OCIO”) services globally…
The manager runs the outsourced mega-contracts for the management of pension assets of large companies.
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