Lynam will join Goldman's global investment research group in late March, according to a spokesperson for the bank. She returns after spending three years at BlackRock, where she served as head of macro credit research and oversaw analysis spanning global fixed income, liquid corporate credit, and alternative assets. Lynam previously spent more than a decade at Goldman, first joining the bank in 2005 and later returning in 2016 after a brief period at Nomura. At BlackRock, she was part of the private financing solutions group and sat on the firm's women in investments executive committee. The appointment comes as Goldman continues to update senior roles within its research division. Earlier this year, the bank also named a new chief US equity strategist following the departure of long-serving analyst David Kostin. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....

The Saudi investment firm has already raised $80m and expects to secure the remainder by late 2026 from investors including sovereign wealth funds and pension plans, according to Fidaa Haddad, managing director and head of private credit. The fund will invest across the Gulf and has already deployed capital into two Saudi fintech companies, Lendo and JeelPay. Jadwa expects to close two additional transactions in the first half of the year. Haddad said the firm is seeing particularly strong opportunities in acquisition financing, as companies from the United Arab Emirates seek funding for deals in Saudi Arabia. He added that regulatory changes, including reforms supporting digitisation and non-bank lending, have made private credit transactions easier to execute. Jadwa manages about $30bn of client assets across private equity, real estate, and fixed income. The firm joins a growing group of global and regional managers, including KKR, Ares, and Jefferies, accelerating their push into Gulf private credit as banks focus on funding large government-backed projects....

The fund will be managed by Guggenheim Corporate Funding, Guggenheim's private debt investment platform. LGT Capital Partners led the fundraising, alongside commitments from other limited partners, according to Guggenheim. Joe McCurdy, head of origination at Guggenheim Corporate Funding, said: 'We see the continued expansion of our LP relationships as a testament to the strength and differentiation of our platform and underwriting strategy.' Guggenheim Investments manages about $357bn across fixed income, equity, and alternative strategies. The private debt vehicle adds to its growing focus on alternative credit at a time when banks have retreated from certain forms of corporate lending. Felix Janssen, partner and co-head of private credit solutions at LGT Capital Partners, said the investment 'underscores our capabilities in acquiring portfolios of private credit loans and our commitment to providing primary fund capital to credit managers with a proven track record in private credit'. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....

The firm has already invested more than $35bn across Saudi equities, fixed income, and infrastructure. It now operates four investment teams in Riyadh under the leadership of Kashif Riaz, who heads BlackRock's Financial Markets Advisory business in the Middle East. 'We think we've just gotten started with the theme of the Middle East as an investment destination,' Riaz said, noting that the firm sees its future Saudi exposure growing substantially. He identified infrastructure as the most compelling opportunity as Saudi Arabia builds out transport networks, expands the Riyadh metro, develops one of the world's largest new airports, and accelerates data-centre construction through its AI champion Humain. The expected expansion aligns with the increasing role of private capital in Saudi Arabia's economic transition. BlackRock and its Global Infrastructure Partners division have already led several landmark transactions, including an $11bn deal involving Aramco's natural gas facilities and participation in the $40bn acquisition of Aligned Data Centers alongside Abu Dhabi's MGX....