Goldman Sachs has announced that it has entered into an agreement to acquire LCN Capital Partners, an investment manager specialising in the sale-leaseback, build-to-suit, and triple net lease sectors of the real estate market. LCN has approximately $3 billion in assets under supervision (AUS) as of June 30, 2026, primarily from institutions, insurers, and high-net-worth (HNW) individuals.
David Solomon, Chairman and CEO of Goldman Sachs, said, “LCN’s differentiated platform is highly attractive for our Asset & Wealth Management clients who want diversified sources of returns and offers corporate clients innovative capital solutions. Their focus complements our private real estate team’s broad 30-year track record and will expand our ability to serve our insurance, institutional, and wealth client segments.”
Their hybrid strategy combines corporate credit and real estate to offer its investing partners predictable, inflation-protected, and tax-advantaged income plus upside potential. Simultaneously it provides its tenant-clients with an alternative capital source to enhance balance sheet efficiency by providing capital tied up in property.
Edward LaPuma, Co-Founder of LCN Capital Partners, said, “By combining LCN’s origination network and investment discipline with Goldman Sachs’ unrivaled corporate relationships, global distribution, and client experience teams, we can better serve our investing and tenant partners at a scale no independent firm could match and become an industry leading platform in triple net lease investing.”
The acquisition strategically expands the firm’s more durable revenues and reinforces its commitment to offering institutional and individual investors comprehensive solutions.
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*Offer ends on Friday, 7th February.
