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Exciting news from Goldman Sachs Asset Management as they aim to expand their private credit portfolio to $300bn in the next five years, up from $130bn. According to Marc Nachmann, Global Head of Asset & Wealth Management, private credit presents the biggest opportunity in the alternative space. With plans to allocate a third of their $40-50bn raise for alternative investments to private credit strategies, GSAM is poised for significant growth. https://lnkd.in/e9WA_ZEb #GoldmanSachs #PrivateCredit #Investment #Finance #WealthManagement

Alternative asset managers are raiding private banks and traditional fund groups for talent, as they target private wealth clients in a bid for growth, Citywire research has found. https://lnkd.in/dmsg_Sbh

Goldman Sachs has been actively involved in private credit for nearly three decades, leveraging various strategies tailored to different tiers of investors in companies. Nachmann views asset and wealth management as an engine of growth for the firm. Click here to learn more: https://lnkd.in/e74btxkS #privatecredit #alternativeinvestments

It's time for the latest instalment of 9Questions! In this edition, 9fin's Fin Strathern chats to James Reynolds, global head of direct lending at Goldman Sachs Asset Management. They dive into what we expect private credit to look like this year, trends that concern investors and more! 📈 👉 Read the conversation on 9fin insights — https://lnkd.in/ekTWDs3n

📈 Delighted to share this article by Chris Ainscough, Director of Asset Management at Charles Stanley, discussing the importance of actively managing fixed income within portfolios. 💡 Volatility in fixed income markets has caught many investors off guard over the past two years, underscoring the necessity for active management to seize opportunities and mitigate risks effectively. ⬇️ Read the full article below: #FixedIncome #InvestmentStrategy #AssetAllocation #MarketInsights #CharlesStanleyTailored

Just in: credit manager GoldenTree Asset Management closes $1.3bn CLO fund Exceeding the $1bn mark target, GoldenTree has raised its third fund under this strategy, targeting especially the first loss equity tranche of CLOs, aiming to capture market shares in this ever growing market of $1.3tn. The fund “GLM III”is also mandated to invest in the BB and B tranches, though primarily focusing on the warehouse facility for the equity portion, providing a backstop for issuers while targeting a return of mid to high teens, reports Bloomberg. GoldenTree currently has more than $2.6bn managed under this strategy with a total AUM of $54bn. Founded by Steven Tananbaum, CFA, the firm posted a 15% gain in its master fund last year on the back of pricing dislocation around UBS / credit suisse as well as other distressed plays. Riskier yet higher return — more eyes on CLO markets, especially the junior tranches. Follow for the latest updates in private credit and alternative investment. #privatecredit #privateequity #investmentbanking #alternativeinvestment #hedgefunds

A deep dive into private credit with Lee Kruter, CFA! 🎬 As a global credit manager, GoldenTree Asset Management have a cast experience with the asset class, so Lee joined us to explore how to navigate distressed cycles and default rates, how regulation has affected private credit and capitalising on disruption. Here’s a sneak peek at the insights he shared… Watch the full interview here: http://spr.ly/60409Kpna #SuperReturn #privatecredit #regulation

Goldman Sachs, which has about $230 billion in private credit assets, is expanding its hold on private credit. This makes sense since the Federal Reserve estimates that the total private credit industry has reached nearly $1.7 trillion. Are you ready to get into private credit? Explore Hamilton Lane’s evergreen private credit SCOPE fund from Securitize: https://loom.ly/gdsVVB4 Learn more in this article by Shanny Basar for Markets Media: https://loom.ly/c8MK1gA

There is no doubt that the role of the Corporate Treasurer has evolved, as a result of unprecedented consolidation in the asset management industry in the past few years. To name just a few: Brookfield Asset Management and Oaktree Capital Management, L.P. Putnam Investments and Legg Mason (Acquired by Franklin Templeton), Global Infrastructure Partners (GIP) and BlackRock. In addition to managing risk, keeping up with new regulations, reducing costs, optimizing liquidity and cash flow, there is now an expectation to also generate revenue and contribute to the bottom line, and effectively become a profit center. We at J.P. Morgan have been able to partner with a number of our clients achieve this goal, thanks to new payment channels, including our award winning virtual card solution. #jpmorgan #jpmorganpayments #paymentsinnovation #payments

As the private wealth channel continues to see flows into fixed income after years of underperformance, J.P. Morgan Asset Management (JPMAM) believes attractive opportunities can be found in debt securitisation. Read the full article: https://bit.ly/3RQAb6t