08:40 AM EDT, 05/29/2024 (MT Newswires) -- Goldman Sachs Group ( GS ) has raised $21 billion for the latest version of its private credit fund, Bloomberg reported Wednesday.

The investment bank recently closed the latest version of the direct-lending Loan Partners fund series which began in 2008, the report said, citing senior Goldman Sachs ( GS ) officials including Marc Nachmann and Greg Olafson.

The bank raised $13.1 billion of equity capital as well as long-term financing and funds from its own balance sheet, the report said.

Goldman Sachs ( GS ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 456.70, Change: -3.11, Percent Change: -0.68