- Goldman Sachs has emerged as the lead bidder to acquire a credit manager that oversees $37 billion in assets.
- The acquisition target is Palmer Square, a credit firm with $37 billion under management.
- The deal would extend Goldman Sachs' credit asset management reach and reflects a pickup in its dealmaking pace.
Quotes
“Goldman Sachs Group has emerged as the lead bidder to acquire a credit manager that oversees $37 billion as the bank revs up its dealmaking pace.”