In a strategic move to expand its private credit business in Asia, Goldman Sachs Group Inc (NYSE:GS) has secured a $1 billion deal with Mubadala Investment Co., a sovereign wealth fund based in Abu Dhabi. What Happened: The $1 billion deal will enable Goldman to pursue private credit deals in the Asia-Pacific region, with a particular focus on India, reported Bloomberg. This partnership follows a similar mandate Goldman received from the Ontario Municipal Employees Retirement System in September. James Reynolds, head of direct lending at Goldman’s asset management unit, explained that some inv…
