Goldman Sachs leads bid to acquire Palmer Square for $37B

Goldman Sachs: Global investment bank focused on investment banking, trading, and asset management. It has emerged as the lead bidder to acquire Palmer Square to expand its credit platform through targeted niche deals in asset management. Palmer Square: Kansas-based credit manager led by Chris and Angie Long that specializes in issuing collateralized loan obligations. The firm is the target of ongoing acquisition talks with Goldman Sachs amid broader growth in corporate loan securitization. Dealmaking Pace: Goldman Sachs has accelerated its acquisition activity in asset and wealth management to fill specific platform gaps. Credit Sector Growth: The market for corporate loans packaged into bonds has expanded rapidly, driving interest in established CLO issuers.