Goldman Sachs and Mubadala combine for $1bn Asia private credit fund

Goldman Sachs and Mubadala Investment Company Mubadala, a UAE global sovereign investor, have signed a $1 billion fund in which Mubadala and Goldman Sachs Alternatives will co-invest in private credit opportunities across Asia Pacific Apac, according to a February 22 media release. 

The partnership will be managed by the private credit team at Goldman Sachs Alternatives which has an “on-the-ground team” across Apac. The bank's global private credit team has 165 staff overseeing around $110 billion in assets under management AUM. The team is led by London-based James Reynolds and New York-based Kevin Sterling, both titled global co-head of private credit. 

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