The Goldman Sachs Group has announced several actions to better serve corporate and investor clients and grow its business in private credit, private equity and other asset classes.
The firm is creating the Capital Solutions Group, which will combine and grow its comprehensive suite of financing, origination, structuring and risk management solution activities in global banking and markets. The firm also will expand its alternatives investment team in asset and wealth management to ensure the best understanding and application of both investment sourcing and investing capability, as the interconnection between the firm’s businesses grows.
“Our strategy and core franchise strengths position Goldman Sachs to operate at the fulcrum of one of the most important structural trends taking place in finance: the emergence and growth of private credit and other asset classes that can be privately deployed,” said David Solomon, chairman and CEO of Goldman Sachs. “There