Goldman Sachs shattered Wall Street expectations on Tuesday, reporting a massive third-quarter profit surge that left analysts scrambling to catch up. The firm said it made $4.1 billion in net income,

Goldman Sachs posted record third-quarter results on Tuesday, driven by a strong performance from the Wall Street giant’s rainmakers who raked in $2.6 billion in investment banking fees. Goldman said it had hit revenues of $15 billion in the period from July 1 to Sept.

Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in assets under supervision, according to a release from the investment bank. Goldman is paying $665 million in cash and equity,

Goldman six years ago acquired around a 20% minority stake in Industry Ventures via its GP stakes platform, Petershill Partners. It also is an LP in some Industry Ventures funds. By the numbers: Goldman is paying $665 million upfront,