9Questions — James Reynolds, Goldman Sachs — Soft landing, full steam ahead?
•7 min read
9Questions is our Q&A series featuring key decision-makers in the corporate credit markets — get in touch if you know who we should be talking to!
Goldman Sachs took its first foray into private credit markets almost 30 years ago with the formation of GS Mezzanine Partners I, a 1996 vintage mezzanine fund with $1.2bn in available capital. Since those nascent days, Goldman’s private credit business has grown to comprise four strategies with more than $100bn of assets under management.
As a 23-year company veteran, James Reynolds, global head of direct lending at Goldman Sachs Asset Management and co-CEO at Goldman Sachs Asset Management International, has certainly been around the recessionary block a few times. Reynolds sat down with 9fin to share his insights on the direction private credit is charting at a crucial moment, as global markets eagerly anticipate the arrival of a soft landing and ensuing rate cuts in the coming months.