Goldman Sachs, Mubadala sign US$1bil private credit Asia-Pacific partnership deal

FILE PHOTO: People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S. REUTERS/Andrew Kelly/File Photo

Abu Dhabi's sovereign wealth fund Mubadala Investment Company has struck a $1 billion deal with Goldman Sachs to go after private credit deals in Asia, the companies said on Monday.

Mubadala and the U.S. bank agreed on a partnership to co-invest in private credit opportunities in the Asia Pacific region, with a particular focus on India, the companies said in a statement.