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Price T Rowe Group 8-K Report, Corporate Update (Sep 4, 2025)

Reports
Other Events·Exhibits & Filings
Filing Date
Filed September 4, 2025
Period End
September 4, 2025
Security
TROW
In the record · 2016–202610-K1110-Q338-K83

TROW filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 83 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Apr ’22Apr ’22
  2. Leadership change8-K · Oct ’24Oct ’24

01—Abstract

Summary

Summary of the 8-K filed September 4, 2025. Cited figures are marked; the original filing is the authoritative source.

On September 4, 2025, T.

Rowe Price Group, Inc. filed a Form 8-K furnishing a press release announcing a strategic collaboration with Goldman Sachs to deliver diversified public and private market investment solutions, with a focus on retirement and wealth channels. Under the collaboration, Goldman Sachs intends to invest, through a series of open-market purchases, up to $1 billiona in T. Rowe Price common stock, with the intention to own up to 3.5 percent of the company.

The collaboration covers several areas: co-branded target-date strategies that incorporate private market access, with Goldman Sachs serving as third-party provider of private market strategies for the target-date series and a planned launch in mid-2026; jointly created co-branded model portfolios for mass-affluent and high-net-worth advisors; multi-asset offerings under consideration that would provide private market exposure in a single vehicle or combine U.S. public and private equity; and a scalable advisory platform for managed retirement accounts, integrated into T. Rowe Price's recordkeeping and Individual Investor platforms. The press release also highlights OHA, T.

Rowe Price's private markets platform, which the filing describes as having approximately $98 billionb in assets under management as of June 30, 2025. The filing states that T.

Rowe Price manages $1.70 trillionc in client assets as of July 31, 2025, about two-thirds of which are retirement-related. The announcement does not disclose financial results or a purchase price per share; the stated terms are limited to the investment cap and ownership target described above.

02—Key points

Key Highlights

  1. Goldman Sachs intends to invest up to $1 billion in T. Rowe Price common stock through open-market purchases, with the intention to own up to 3.5 percent of the company.
  2. Co-branded target-date strategies will incorporate private market access, with Goldman Sachs as third-party provider of private market strategies; the firms intend to launch in mid-2026.
  3. Jointly created co-branded model portfolios will combine SMAs, direct indexing, ETFs, mutual funds and private market vehicles for mass-affluent and high-net-worth advisors.
  4. Multi-asset offerings under consideration include one providing private equity, private credit and private infrastructure in a single vehicle, and another integrating U.S. public and private equity.
  5. A scalable advisory platform for advisors and RIAs will offer managed retirement accounts in-plan and out-of-plan, integrated into T. Rowe Price's recordkeeping and Individual Investor platforms.
  6. T. Rowe Price reports $1.70 trillion in client assets as of July 31, 2025, about two-thirds of which are retirement-related.
  7. OHA, T. Rowe Price's private markets platform, has approximately $98 billion in AUM as of June 30, 2025, and is cited as a key contributor to the collaboration.

03—Questions

Frequently Asked Questions

  1. How much is Goldman Sachs investing in T. Rowe Price?

    Goldman Sachs intends to invest up to $1 billion in T. Rowe Price common stock through a series of open-market purchases, with the intention to own up to 3.5 percent of the company.

  2. What products will the collaboration deliver?

    The firms plan co-branded target-date strategies with private market access, co-branded model portfolios for advisors, multi-asset offerings combining private and public markets, and a managed retirement account advisory platform.

  3. When will the target-date solutions launch?

    The firms intend to launch the target-date solutions in mid-2026.

  4. What role does OHA play in the collaboration?

    OHA, described as the private markets platform of T. Rowe Price, is cited in the press release as contributing to a wider range of investment strategies, and its approximately $98 billion in AUM as of June 30, 2025 is reported in the filing.

  5. What is the scale of T. Rowe Price's business?

    The filing states that T. Rowe Price manages $1.70 trillion in client assets as of July 31, 2025, about two-thirds of which are retirement-related.

04—Continue

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