At the start of March, Goldman Sachs Asset Management (GSAM) announced a new platform on which it will originate, underwrite and manage private placements of investment-grade debt for investor clients, notably insurance companies, for which it already has fiduciary investment management mandates covering public bonds.
Its Debt Private Placement Investors (DPPI) platform sees the light of day amid heightened volatility in secondary bond markets and a slow-down in primary debt capital markets following Russia’s invasion of Ukraine.
Thanks for your interest in Euromoney!
To unlock this article: