Jul 31, 01:48 AM

Nouriel Roubini Launches Atlas America Fund as Goldman Sachs Sells $2 Billion Risk Transfer Bond Tied to Private Fund Loans

Nouriel Roubini, an economist known for predicting the 2008 financial crisis, is set to enter the ETF market with the launch of the Atlas America Fund. This fund is part of a growing trend as Wall Street veterans increasingly explore opportunities within the $9.4 trillion ETF universe. Roubini's involvement highlights the magnetic appeal of ETFs, which continue to attract prominent figures in finance. Concurrently, Goldman Sachs is preparing to sell a significant risk transfer bond associated with a portfolio of approximately $2 billion in private fund loans, showcasing the ongoing interest in private credit investments. This move aligns with the broader narrative of private credit becoming a favored asset class among investors on Wall Street.

#Nouriel Roubini #Atlas America Fund #Wall Street #Roubini #Goldman Sachs

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