Goldman Sachs (NYSE:GS) saw an ~8% pullback from its late‑June peak after Fed stress tests even as its private credit fund posts 2.5% YTD (9.6% annualized since 2023) with leveraged, niche exposures; the firm also will match $1,000 for eligible U.S. employee children’s savings accounts.
Previous Week Recap
- Goldman Sachs Shares Pull Back After Fed Stress Tests: Goldman Sachs (GS) shares dropped about 8% from their late‑June peak after the Federal Reserve’s annual stress tests, marking a notable short‑term pullback in the stock price.
- Goldman Private Credit Fund Returns Mixed: Goldman Sachs (GS) private credit fund: 2.5% YTD return, 9.6% annualized since 2023. Fund uses leverage; ~7% PIK exposure, ~98% software loans marked at 90% principal, one non‑accruing loan.
- Goldman Matches $1,000 For Employees' Kids: Goldman Sachs will fund children’s savings accounts for eligible employees, offering a $1,000 match for U.S.-born children (Jan 1, 2025–Dec 31, 2028); matching starts July 4.
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