Goldman Sachs Asset Management has initiated early-stage discussions with investors to raise at least $10bn for its next global direct lending vehicle, according to a report by Bloomberg citing unnamed sources familiar with the matter.
The move comes despite heightened investor caution in the $1.8tn private credit sector.
The fund, West Street Loan Partners VI, will focus on lending to companies across North America, Europe and Australia, primarily targeting businesses generating more than $100m...
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