Goldman Sachs, which has come under fire for its failed foray into consumer banking, is inching closer to finding a buyer for specialty lender GreenSky.
Second round bids for GreenSky were due earlier in August, or about two weeks ago, according to four banking and private equity sources. Sixth Street, an investment firm, is leading a consortium to buy GreenSky which includes KKR, PIMCO and CardWorks, the people said. Apollo Global Management is also vying for Greensky but is not part of the Sixth Street group, they said. Warburg Pincus is not involved in the auction, a different person said.
