NAO expands offering with money market funds from Goldman Sachs Asset Management

Berlin, March 25, 2025 — The Berlin-based WealthTech NAO is expanding its institutional-quality product portfolio. NAO is now offering private investors access to an institutional money market fund managed by Goldman Sachs Asset Management.

NAO already offers its users a wide range of investment opportunities, from private equity to infrastructure funds and private debt to hedge funds. The partnership with Goldman Sachs Asset Management is another milestone on NAO's journey to become the leading platform for private and alternative investments.

Money market funds: alternative to overnight money with attractive interest rates

Money market funds are considered low-risk funds with very high liquidity, which can easily be traded on the stock exchange. The funds invest in liquid money market securities, such as certificates of deposit, term deposits or promissory notes from banks or companies. Goldman Sachs Asset Management's money market fund recently achieved a return that was significantly above the current average overnight interest rate. A particular advantage: Interest shopping to achieve the best interest rate is no longer necessary. Investors benefit directly from interest rates on the money market.

“With NAO, we show private investors the diversity of the market and enable them to invest in attractive investment products that are otherwise difficult to access,” says Robin Binder, CEO and founder of NAO. “The fact that Goldman Sachs Asset Management has decided to work with us shows that even large institutions are looking for new opportunities to appeal to private and retail investors. With NAO, we create access by drastically reducing barriers to entry — in this case by 99.9 percent. ”

“We are delighted to be working with NAO. The company offers an intelligent platform that gives private investors access to a potentially attractive investment offering. With over 40 years of experience, Goldman Sachs Asset Management has a strategic focus on money market funds and is a leading provider in this segment,” says Sandra Straka, head of third-party wealth business in Germany and Austria for Goldman Sachs Asset Management.

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About NAO

NAO is a novel co-investment platform for private and alternative investments. The mission of the NAO founding team led by Robin Binder, Philipp Nowakowski and Amel Hasanovic is to liberalize investments and help people build up wealth over the long term. In the NAO app, investors can find carefully selected and exclusive investment options that were previously only available to a small financial elite. NAO was founded in Berlin in 2022 and received the FinTech Germany Award in 2024. The NAO team works with renowned banks and asset managers such as Baader Bank, BNP Paribas, Chartered Investments, FERI, Moonfare, Partners Group, UBS UniCredit and Vontobel.