Yahoo Finance — Markets (site feed)

Goldman Bucks Private Credit Redemption Trend as AI Disruption Fears Mount

Goldman Sachs’ asset‑management arm reported a fourth‑quarter redemption rate of 3.5%, well under the 5%+ seen at peer private‑credit funds. The firm highlighted December inflows that were 11% above its year‑to‑date average, indicating continued investor appetite. Goldman also disclosed that its exposure to enterprise‑software credit sits at roughly 15.5%, near the low end of the market, as AI‑driven disruption worries ripple through the sector. The bank has introduced an internal framework to assess AI risk, reflecting heightened vigilance in a $2 trillion private‑credit market.