March 11, 2026 — Goldman Sachs Alternatives today announced the launch of a new European Long-Term Investment Fund (ELTIF) offering as part of continued efforts to widen access to the firm’s private markets platform.

The ELTIFs will be part of the existing ‘G-Series’ suite, which already comprises six evergreen private markets funds. Investors will benefit from Goldman Sachs’ private investing experience and the broad capabilities of its $625bn Alternatives platform.

The launch is Goldman Sachs’ first evergreen product under the ELTIF 2.0 regulation, enabling a wider range of investors to gain access to private markets.

G-European Credit ELTIF  will be an extension of the existing evergreen European private credit strategy, which launched in October 2023, and has resulted in one of the largest evergreen private credit funds in Europe, with over $8bn in assets¹ including leverage as of 4 March 2026. G-European Credit ELTIF will predominantly focus on investing in senior secured private credit investments, which sit above equity in the capital structure and include protections to mitigate downside risk.

Goldman Sachs’ $145bn private credit platform has a longstanding history of partnering with leading sponsors and borrowers, globally. Across market conditions, the team has maintained a consistent focus on investing in stable companies operating in non-cyclical sectors, and aiming to deliver steady long-term returns.

Stephanie Rader, Global Co-Head of Alternatives Capital Formation at Goldman Sachs Alternatives, said: 

“Following the strong momentum of our award-winning European evergreen direct lending strategy, we are excited to bring our 30-years of experience in private credit to a wider audience. We are continuing to leverage new product formats to give more investors access to private markets. Engaging with our partners on their needs and those of their client base is a key focus for us as we continue to scale our wealth offering.”

James Reynolds, Global Co-Head of Private Credit at Goldman Sachs Alternatives, said: 

“The European direct lending market continues to offer a robust opportunity for returns. Our differentiated positioning and longevity in this space enables us to deliver our conservative senior direct lending strategy to a diverse group of clients.” 

About Private Credit at Goldman Sachs Alternatives

Goldman Sachs (NYSE: GS) is one of the largest investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs. 

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world’s leading institutions, financial advisors and individuals. Goldman Sachs Asset Management has approximately $3.6 trillion in assets under supervision globally as of December 31st, 2025. 

Established in 1996, Private Credit at Goldman Sachs Alternatives is one of the world’s largest private credit investors with $145 billion in assets across direct lending, mezzanine debt, hybrid capital and investment grade private credit & asset backed finance.

Media Contact

Joseph Stein

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¹ Including leverage, represents fair value of private credit and liquid credit investments plus unfunded commitments notional. Excludes any cash and cash equivalents. Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.