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goldman sachs refinances 500 million australian property credit fund
Goldman Sachs has refinanced Pallas Capital’s A$500 million ($330 million) private credit commercial real estate fund, known as Pallas Funding Trust No. 2. This fund primarily supports mid-market companies struggling to secure financing from traditional lenders. Ares Management Corp. contributed A$450 million to the original deal, with Pallas investing A$50 million.
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