The Goldman Sachs Group, Inc. GS is making a more decisive strategic pivot, with private credit emerging as a key pillar of its long-term growth story. The company is aggressively expanding its private equity and alternatives platform through acquisitions, platform enhancements and the integration of new investment capabilities, all of which should strengthen its growth prospects over time.

Goldman aims to significantly scale its private credit business by increasing lending to private equity firms and asset managers, expanding across Europe, the U.K. and Asia, and growing its private credit portfolio to $300 billion by 2029. READ MORE