Goldman Leads Bidding for $37 Billion Palmer Square, a CLO Powerhouse

Goldman Leads Bidding for $37 Billion Palmer Square, a CLO Powerhouse

CLOs allow investors to potentially get higher-than-average returns in exchange for taking on greater default risk.

Goldman Sachs in talks to acquire $37B credit firm Palmer Square - report

Goldman Sachs leads bids to buy Palmer Square Capital, a $37B credit manager.

Goldman in Talks to Buy $37 Billion Credit Firm Palmer Square

Goldman Sachs Group Inc. has emerged as the lead bidder to acquire a credit manager that oversees $37 billion as the bank revs up its dealmaking pace.

Goldman Sachs emerges as lead bidder for $37bn credit manager Palmer Square

TOP STORY: Goldman Sachs has emerged as the leading bidder to acquire Palmer Square Capital Management, the $37bn credit manager, as the investment bank looks to accelerate the expansion of its asset management business, according to a report by Bloomberg citing unnamed people familiar with the matter.

Goldman Sachs in advanced talks to buy Palmer Square, which has $37B in assets

Goldman Sachs is in advanced talks to acquire Palmer Square Capital Management, a $37 billion credit manager, as the US CLO market exceeds $1.3