Goldman CEO Sees Noise Persisting on Retail Private-Credit Funds

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said that while retail investors have been worried about private credit — and the sector will continue to cause some concern — his bank has few issues in the space and continues to see it as attractive.

“We recognize that the private-credit industry has been an area of increased focus in recent months,” Solomon said on an earnings conference call Monday. “I think there’s going to continue to be some noise around the retail space.”