S&P 500 & Equities·Bloomberg Markets· 20h ago

Goldman Sachs AM Seeks to Raise $10 Billion Private Credit Fund

Strategic Analysis // Ian Gross

"Goldman Sachs' massive new fund signals a continued shift of lending power from traditional banks to private markets. This trend offers companies more financing options, but also means more risk and return are moving into less transparent corners of the financial system."

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The Big Market Report Take

Goldman's looking to raise a cool $10 billion for a new private credit fund. Seems like everyone's piling into direct lending these days, probably because traditional banks are still a bit shy. Good for them if they can pull it off.

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