February 28, 2024

Mubadala and Goldman Sachs Launch $1 Billion Partnership for Asia Pacific Private Credit Expansion 🫱🏽‍🫲🏻

Emirati firm Mubadala Investment Co. and Goldman Sachs have unveiled a $1 billion partnership aimed at supporting businesses in the Asia Pacific region through private credit solutions. Managed by Goldman Sachs Alternatives’ Private Credit, the collaboration seeks to deploy long-term capital, offering tailored credit solutions to high-quality companies across multiple Asia Pacific markets. With a strong focus on India, the partnership, leveraging Goldman Sachs’ global Private Credit team, aims to tap into the region’s diverse and rapidly growing economies, meeting the increasing demand for customized credit solutions from non-traditional lenders.

The collaboration aligns with both firms’ strategies to scale investment activities in the dynamic Asia Pacific credit market. Omar Eraiqat, Deputy CEO of Diversified Investments at Mubadala, emphasized the partnership’s role in growing private credit exposure in the Asia Pacific, while Goldman Sachs sees the venture as entering a defining era for private credit in the region, marked by strong economic growth and favorable conditions for flexible, long-term capital support to leading companies.

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