Goldman Sachs Launches Capital Solutions Group to Expand Private Credit Reach

The new division consolidates three units to strengthen financing services and capitalize on the growing private credit market.

Goldman Sachs has created the Capital Solutions Group by merging three units within its global banking and markets division.
The new group aims to expand Goldman's presence in private credit, private equity, and asset-backed finance, reflecting the increasing dominance of non-bank lenders in these markets.
Pete Lyon and Mahesh Saireddy will lead the Capital Solutions Group and join Goldman's management committee, with additional leadership changes announced across related teams.
The group will focus on providing loans to corporate clients, developing funds for institutional investors, and fostering collaboration with alternative investment firms.
Goldman Sachs currently manages $145 billion in alternative assets within its private credit funds, highlighting its longstanding role in this sector since 1996.