From Volatility to Opportunity: Goldman Sachs on the Future of Private Credit

Join Kerstin Kubanek as she interviews James Reynolds, Global Co-Head of Private Credit at Goldman Sachs Asset Management, about the evolving direct lending and private credit landscape. James discusses the resurgence of M&A activity, the ongoing convergence between direct lending and BSL markets, and why direct lending remains a reliable financing solution in all market conditions. He addresses large-cap versus mid-market dynamics, the value of long-term relationships and local expertise, and Goldman Sachs’ strategic activity across Europe—including Italy. James also delves into current trends in pricing, sector opportunities, private equity partnerships, and the themes driving the market such as infrastructure, energy transition, and digitalization. Tune in for an engaging discussion on how Goldman Sachs is navigating challenges and capturing opportunities in private credit.