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Alternatives

PRIVATE CREDIT

Investing globally and across the capital structure, our private credit platform combines deep expertise and long-standing relationships with high caliber sponsors globally with the goal of identifying attractive risk-adjusted return opportunities across the credit spectrum.

$160bn+

Invested in Private Credit1

 

185+

Investment Professionals2

 

25+

Years Investing in Private Credit1

 

Video 
Our Private Credit Strategy


 

We believe in a partnership approach, engaging proactively and often with sponsors and management teams

 

 

 

Goldman Sachs Private Credit

What Makes Us Different?

 

Benefits of Partnership

Our firm-wide, network of longstanding relationships with financial sponsors and corporate issuers enables us to serve as a trusted partner across borrower types. Our track record of investing and relationships with clients across the firm enable deep insight into issuers and their needs.

 

Tailored Solutions 

Our expertise in evaluating and structuring opportunities, enhanced by access to the full resources of Goldman Sachs enables us to tailor solutions that aim to meet the needs of our clients.

 

Scale, at Deal Speed 

Our scale enables us to fully underwrite our transactions, eliminating syndication risk without compromising responsible portfolio construction for investors. Our broad capabilities in private credit provide flexibility to invest across the capital structure and transaction type, to best respond in a rapidly-changing environment.

About Our Team

Global team of over 185 credit professionals 

 

James Reynolds

Global Co-Head of Private Credit

James Reynolds

 


 

James is a managing director and global co-head of Private Credit based in London. He joined Goldman Sachs in 2000.

Kevin Sterling

Global Co-Head of Private Credit

Kevin Sterling

 


 

Kevin is a managing director and global co-head of Private Credit based in New York. He joined Goldman Sachs in 1998.

David Miller

Americas Co-Head of Private Credit

David Miller

 


 

David is a managing director and Americas co-head of Private Credit based in Alpharetta. He joined Goldman Sachs in 2004.

Alex Chi

Americas Co-Head of Private Credit

Alex Chi

 


 

Alex is a managing director and Americas co-head of Private Credit based in New York and joined Goldman Sachs in 1994.

Opportunities in Private Credit

 

Investing across the risk spectrum to provide investors with diversified investment opportunities.

Credit strategy

Resources

Ready to learn more about our private credit capabilities?

 

Please reach out to your Goldman Sachs Asset Management relationship manager.

Disclosures

Note: The above graph is for illustrative purposes only.

1 As of March 31, 2022. 

2 As of August 1, 2022. 

The above graph is for illustrative purposes only. AUM figures are as of June 30, 2022. Private Credit AUM includes Asset Finance and Asia Credit ($3bn AUM combined). Totals may not sum due to rounding.

Alternative Investments - Hedge funds and other private investment funds (collectively, “Alternative Investments”) are subject to less regulation than other types of pooled investment vehicles such as mutual funds. Alternative Investments may impose significant fees, including incentive fees that are based upon a percentage of the realized and unrealized gains and an individual’s net returns may differ significantly from actual returns. Such fees may offset all or a significant portion of such Alternative Investment’s trading profits. Alternative Investments are not required to provide periodic pricing or valuation information. Investors may have limited rights with respect to their investments, including limited voting rights and participation in the management of such Alternative Investments. 

Alternative Investments often engage in leverage and other investment practices that are extremely speculative and involve a high degree of risk. Such practices may increase the volatility of performance and the risk of investment loss, including the loss of the entire amount that is invested. There may be conflicts of interest relating to the Alternative Investment and its service providers, including Goldman Sachs and its affiliates. Similarly, interests in an Alternative Investment are highly illiquid and generally are not transferable without the consent of the sponsor, and applicable securities and tax laws will limit transfers. 

Conflicts of Interest

There may be conflicts of interest relating to the Alternative Investment and its service providers, including Goldman Sachs and its affiliates. These activities and interests include potential multiple advisory, transactional and other interests in securities and instruments that may be purchased or sold by the Alternative Investment. These are considerations of which investors should be aware and additional information relating to these conflicts is set forth in the offering materials for the Alternative Investment.

A fund, underlying funds, and/or portfolio assets may utilize leverage which could have significant adverse consequences. In particular, a fund will lose its investment in a leveraged portfolio investment more quickly than a non-leveraged portfolio investment if the portfolio investment declines in value. Money borrowed for the purpose of leveraging investments will also be subject to interest costs as well as financing, transaction and other fees and costs that may not be recovered. You should understand fully the risks associated with the use of leverage before making an investment in a fund. 

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This material represents the views of Goldman Sachs Asset Management. It is not financial research or a product of Goldman Sachs Global Investment Research (GIR). It was not a product nor financial research of Goldman Sachs Global Investment Research (GIR). It was not prepared in compliance with applicable provisions of law designed to promote the independence of financial analysis and is not subject to a prohibition on trading following the distribution of financial research. The views and opinions expressed herein may vary significantly from those expressed by GIR or any other groups at Goldman Sachs. Investors are urged to consult with their financial advisers before buying or selling any securities. The information contained herein should not be relied upon in making an investment decision or be construed as investment advice. Goldman Sachs Asset Management has no obligation to provide any updates or changes. 

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