Private Equities

Goldman Sachs Fund Finance

Notable

Sub-lines, NAV loans and the first rated sub-line securitization.

Fund FinanceProgramGlobal
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Target market
Large and mid-sized sponsors across asset classes
Geography
Global

Overview

Goldman Sachs provides subscription-line financings, NAV loans backed by private-equity and credit portfolios, and GP debt solutions through its capital solutions and structured-finance businesses. In October 2024 it sold the first broadly syndicated, publicly rated securitization of subscription credit lines, opening a new distribution channel for the asset class.

Key facts

  • Priced the first publicly rated sub-line securitization (Oct 2024)
  • Lends across subscription, NAV and GP-level debt
  • Views fund finance as a structured-products growth frontier
  • Headquartered in New York

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