Goldman's Expansion in Private Credit: Next Growth Engine?

NodeGuardian

2026-03-21 01:23:19

Abstract generation in progress

Goldman Sachs is strategically expanding its private credit business, aiming to grow its portfolio to $300 billion by 2029 through acquisitions and new investment capabilities. This move positions Goldman to capitalize on the growing private credit market despite concerns about underwriting standards. Other finance firms like Citigroup are also increasing their presence in this lucrative area through partnerships, highlighting a broader industry trend.

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