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Goldman Sachs Private Credit Fund to offer managed accounts access to private credit investments including direct lending and private placements through a vehicle structured specifically for long-term retirement portfolios

July 23, 2025 //  by Finnovate

Goldman Sachs Asset Management announced plans for a private credit collective investment trust for defined contribution plans. The fund, the Goldman Sachs Collective Trust – Private Credit Fund, is designed to deliver access to private credit investments through a vehicle structured specifically for long-term retirement portfolios. It will be available for use in managed accounts such as target-date funds. The GS Private Credit CIT will be included in Great Gray Trust Co.’s Panorix Target Date Series, a retirement solution that integrates institutional-grade public and private market exposure. The new target-date series, developed by Great Gray in collaboration with BlackRock, Wilshire Advisors and Goldman Sachs, aims to bring sophisticated investment strategies to everyday retirement savers. “This solution is designed to meet the practical needs of retirement plans,” said Greg Wilson, Goldman Sachs Asset Management’s global head of retirement. The GS Private Credit CIT will invest across a broad spectrum of private credit strategies—including North American and European direct lending and private placements—while maintaining a liquidity sleeve to ac. It will be available in managed portfolios, including target-date funds, multi-manager bond funds and CIT-based managed accounts. “The addition of private credit completes the vision behind Panorix, a purpose-built retirement solution that brings together institutional-quality public and private markets in one seamless structure,” said Rob Barnett, Great Gray’s CEO “By collaborating with Goldman Sachs, BlackRock and Wilshire, we’re unlocking broader access to sophisticated strategies that were once out of reach for everyday savers—all while staying anchored to fiduciary standards and participant-first design.”

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Category: Asset & Wealth, Innovation Topics

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