Goldman Leads Bidding for $37 Billion Palmer Square, a CLO Powerhouse

Goldman Sachs has emerged as the leading bidder in talks to acquire Palmer Square Capital Management, a collateralized loan obligation specialist based in Kansas that manages $37 billion in assets, Bloomberg reported. While the transaction remains uncertain, the pursuit reflects Goldman’s strategic push to strengthen its position in alternative credit markets and compete more directly with established alternative asset managers.
Collateralized loan obligations are investment vehicles comp