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Goldman Sachs and Abu Dhabi's Mubadala ink $1 billion partnership to invest in Asia Pacific - TL;DR CNBC

Goldman Sachs and Abu Dhabi's Mubadala ink $1 billion partnership to invest in Asia Pacific

Publishing timestamp: 2024-02-26 10:43:34


Summary

Goldman Sachs and Mubadala Investment Company sign a $1 billion private credit partnership to co-invest in the Asia-Pacific region, with a focus on India. This follows Goldman's expansion in the Middle East and reflects the increasing economic footprint of Gulf states in India. The partnership aims to invest in high-quality companies across the private credit spectrum in various Asia-Pacific markets.


Sentiment: POSITIVE

Tickers: GS, 

Keywords: goldman sachs group inc,  india,  united arab emirates,  economy,  emerging markets,  business news,  asia economy,  abu dhabi,  dubai,  breaking news: economy, 

Source: https://www.cnbc.com/2024/02/26/goldman-sachs-abu-dhabi-ink-1-billion-investment-partnership-for-asia-pacific-.html


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