Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portfolio to $300 billion in five years, up from $130 billion, a senior executive told Reuters Tuesday (March 12). “It’s a huge opportunity,” said Marc Nachmann,...
Goldman Sachs is selling its personal finance business to investment adviser Creative Planning. The deal, announced Monday (Aug. 28), comes one week after the news that Goldman was considering a sale of its personal finance management (PFM) business in its shift away from retailing banking. According to a news release,...
Private equity firm KKR is reportedly set to transfer payments firm Unzer to a group of creditors. The debt providers Alcentra Asset Management, Goldman Sachs Asset Management and Partners Group have agreed in principle to take over a majority stake in Unzer, pending regulatory approval, Bloomberg reported Friday (Aug. 4), citing unnamed sources. They will provide...
March 12, 2024
Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portfolio to $300 billion in five years, up from $130 billion, a senior executive told Reuters Tuesday (March 12). “It’s a huge opportunity,” said Marc Nachmann, Goldman Sachs’ global head of asset and wealth management. According […]
August 28, 2023
Goldman Sachs is selling its personal finance business to investment adviser Creative Planning. The deal, announced Monday (Aug. 28), comes one week after the news that Goldman was considering a sale of its personal...
August 04, 2023
Private equity firm KKR is reportedly set to transfer payments firm Unzer to a group of creditors. The debt providers Alcentra Asset Management, Goldman Sachs Asset Management and Partners Group have agreed in principle to take over a majority...
