Goldman Sachs role in SSA downplayed
Monday, February 14th, 2011From Stark
SSA Marine spokesman Craig Cole left me voice mail this morning about today’s report on SSA Marine’s Gateway Pacific Terminal project.
Cole said it was incorrect to describe Goldman Sachs as a “major investor” in Carrix Inc., SSA’s parent firm.
Carrix and SSA continue to be controlled by the Smith family, whose forebears founded the company in Bellingham in the 1940s, Cole said.
My description of Goldman Sachs as a “major investor” was based on a 2007 press release from Carrix stating that “Goldman Sachs Infrastructure Partners has committed to a significant equity investment in the Company, positioning Carrix to capitalize on the substantial growth opportunity in the global port operations industry.”
Read more about Goldman Sachs Infrastructure Partners here on the Goldman Sachs website. Among other things, the web page says Goldman Sachs Infrastructure Partners makes investments ranging in size from $100 million to $400 million.





