Goldman Reshuffles Private Credit in Bid to Double Assets
- Bank is rare among peers for its sizable private credit arm
- Greg Olafson returns to unit as global head of private credit
The Goldman Sachs headquarters in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Goldman Sachs Group Inc.’s asset management arm is reshuffling senior executives in its $110 billion private credit unit as it seeks to double the size of the business in the medium term, according to its global head of asset and wealth management.
“We think it’s the biggest opportunity set across the alternative space,” said Marc Nachmann.