Goldman Sachs Asset Management (GSAM) is partnering with the Ontario Municipal Employees Retirement System (OMERS) to launch a new separately managed account co-investment programme in private credit transactions across the Asia Pacific region.
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 $100bn in assets under management, drawing on the expertise of the wider platform and resources of Goldman Sachs to source investments and add value to portfolio companies.
The partnership, which extends an existing, longstanding relationship between the two firms, will aim to deploy in customised private credit solutions to high quality companies and reputable global and regional sponsors throughout the Asia Pacific region, and will primarily focus on investments in the senior direct lending space, with additional flexibility to invest in mezzanine and/or hybrid opportunities.
Since 1998, Goldman Sachs has invested across multiple APAC markets, including Australia and New Zealand, India, Southeast Asia, China, Korea and Japan. This partnership marks the first external capital raised for an Asia Pacific focused Private Credit Partnership for Goldman Sachs Alternatives.
