Daily News: February 25, 2015

Goldman Seeks to Raise Fund to Buy Energy Sector Debt

The New York Times reported Wall Street helped fuel the North American energy boom in recent years, and Wall Street is again looking for ways to profit, as oil prices have collapsed.

According to confidential marketing materials obtained by DealBook, Goldman Sachs is seeking to raise capital from wealthy individuals and other investors for a new fund to invest in the debt of troubled companies in the energy sector.

To read the entire Times article, click here.