Goldman Sachs CEO says closely monitoring whether there is a "bubble" in the private credit market.

Goldman Sachs CEO David Solomon said that he is closely monitoring whether there is a "bubble" in the private credit market, but unlike some peers, he does not see any major concerns that need to be addressed. "We are closely watching whether there is any excessive risk-taking and bubble in the market," Solomon said in Sydney on Thursday. "Although individual events may arise and cause problems, the overall performance of the investment portfolio is still considered stable."