"It's Really Illiquid": Goldman COO Warns Retail About Private Credit And The "Perception Of Liquidity"

"It's Really Illiquid": Goldman COO Warns Retail About Private Credit And The "Perception Of Liquidity" Speaking at Semafor’s World Economy event in Washington, D.C., President and COO of Goldman Sachs John Waldron warned that some managers have oversold how easy it is to get money out—especially to retail investors, who’ve helped balloon the market into a $1.7 trillion behemoth just as the space faces growing scrutiny and tighter conditions, according to Semafor. “Not everybody has marketed their product as clearly as, certainly we would like to see with the clarity that...