Goldman Sachs seals $1b private credit deal with Abu Dhabi’s Mubadala

Goldman Sachs seals $1b private credit deal with Abu Dhabi’s Mubadala

FILE PHOTO: A sign is displayed in the reception of the Sydney offices of Goldman Sachs in Australia, May 18, 2016. REUTERS/David Gray/File Photo

Goldman Sachs and Abu Dhabi sovereign wealth fund Mubadala Investment Company have signed a $1-billion deal to launch a separately managed account to co-invest in private credit opportunities in the Asia Pacific, the companies said on Monday.

Edited by: Joymitra Rai