“The fundamentals at this stage continue to look very strong,” Reynolds said in a Bloomberg Television interview in Sydney on Thursday, adding that non-payments remain low at 1% to 2%. He said the firm has “been busy investing across a number of credit strategies in Asia and Australia.”
James Reynolds, Goldman Sachs Asset Management Co-Head of Private Credit, said the private credit sector remains resilient, with few borrowers struggling to meet loan payments, and that fundamentals look “very strong” at this stage. He speaks with Haidi Stroud Watts on “ Bloomberg: The Asia Trade”.
Private credit managers in the US recently faced a wave of investor withdrawals, driven by fears that the industry has
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