James Reynolds

James Reynolds, Global Co-Head of Private Credit at Goldman Sachs Asset Management, and Lotfi Karoui, Chief Credit Strategist at Goldman Sachs Research, dive into the burgeoning world of private credit. They discuss its explosive growth to $2.1 trillion and its appeal to borrowers, especially in private equity. The duo explores how private credit serves as a resilient and flexible asset during economic turbulence. They also tackle risks and potential benefits, emphasizing how strategic shifts could stabilize financial systems amidst uncertainty.

Lotfi Karoui, chief credit strategist at Goldman Sachs Research, and James Reynolds, global co-head of Private Credit at Goldman Sachs Asset Management, delve into the booming sector of private credit. They highlight how money managers are stepping in as lenders, especially during market disruptions. The duo discusses the advantages of direct lending versus traditional bank loans, the impact of rising interest rates and inflation, and the importance of transparency and regulation in this evolving market. It's a must-listen for anyone intrigued by private finance.

Goldman Sachs aims to double its private credit business by demystifying direct lending. Business development companies (BDCs) are going public as valuations soar. Growth opportunities in Asia and leveraged finance are highlighted, along with the evolution of the corporate credit market.