Goldman Sachs AM and OMERS Partner for Private Credit

Goldman Sachs Asset Management and OMERS, one of Canada’s largest defined benefit pension plans, announced the launch of a separately managed account in which OMERS will invest alongside Goldman Sachs in private credit opportunities throughout the Asia Pacific region. According to a story in MarketsMedia news, the Partnership will be managed by the Private Credit Asia business within Goldman Sachs Asset Management, with a dedicated on-the-ground team across multiple Asia markets. The Private Credit Asia team sits within the broader Private Credit global team of more than 165 seasoned credit investment professionals overseeing more than $100 billion in assets under management (AUM), drawing on the expertise of the wider platform and resources of Goldman Sachs to source investments and add value to portfolio companies. The Partnership will aim to deploy customized private credit solutions to high quality companies and reputable global and regional sponsors throughout the Asia Pacific region. The Partnership is primarily expected to invest in the senior direct lending space, with additional flexibility to invest in mezzanine and/or hybrid opportunities.