Goldman private credit fund defies industry elevated withdrawal trend yet again

Goldman Sachs' private credit fund said on Tuesday that investor requests to pull money further ​slowed down in the third-quarter tender offer, with redemption pressure ‌easing across the broader industry.

• Goldman Sachs' private credit fund experienced a significant slowdown in investor withdrawal requests during the third quarter, outperforming industry trends.
• Rival funds have faced elevated redemption requests due to concerns about lending standards and AI disruption's impact on software companies, but overall pressure is easing.
• The GS Credit fund generated substantial inflows and has delivered a strong total return since inception, supported by long-term investors from Goldman's private wealth channels.

Topics: Private market, Yield performance, Private credit debt funds, Private credit high yield, Performance vs tradfi

Tags: #goldmansachs #privatecredit #redemptionpressure #tenderoffer #assetmanagers #investorsentiment #softwarecompanies #aidisruption #grossinflows #totalreturn

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BNB Chain Leads RWA Market Cap Growth by $3.8B This Year

BNB Chain's RWA market cap surged by $3.8B, leading the sector. Here's why this growth matters for future developments.

• BNB Chain has emerged as the leader in Real-World Asset (RWA) market cap growth this year, increasing by $3.8 billion.
• This growth positions BNB Chain ahead of competitors like XRP Ledger ($2.4B) and Ethereum ($2B), indicating a significant shift in the RWA sector.
• The development highlights increasing interest in tokenization and could influence future adoption and investor sentiment in the RWA space.

Topics: Scalability, Blockchain usage, Growth metrics, Ethereum evm l 1 s

Tags: #bnbchain #rwamarketcap #tokenization #xrpledger #ethereum #blockchain #marketgrowth #investorsentiment #assettokenization

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