Goldman Sachs, Mubadala in $1-bn private credit tie-up to focus on India
Financial Express Mumbai|February 27, 2024
GOLDMAN SACHS AND Mubadala Investment Company, the sovereign fund of Abu Dhabi, on Monday signed a $1-billion partnership in private credit space for the Asia Pacific region with a focus on India.
RAGHAVENDRA KAMAT

The partnership will be managed by private credit team at Goldman Sachs Alternatives, with a dedicated on-the-ground team across multiple Asia Pacific markets. The global team consists of 165 credit investment professionals overseeing more than $110 billion in assets under management (AUM). It will draw on the network, expertise and capabilities of Goldman Sachs to source and underwrite global lending opportunities, a joint statement said.

"This mandate will enable both firms to continue scaling their investment activity in the large and growing Asia Pacific credit market. The partnership will aim to deploy $ 1billion of long-term capital, offering customised private credit solutions to high-quality companies and sponsors throughout the Asia Pacific region," the statement said.

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