- CIT Solutions
-
A Superior Collective Investment Trust Onboarding Experience.
-
- Perspectives
- About
- Get Started
A Superior Collective Investment Trust Onboarding Experience.
A Superior Collective Investment Trust Onboarding Experience.
Goldman Sachs Asset Management today announced the introduction of the Goldman Sachs Collective Trust – Private Credit Fund (“GS Private Credit CIT”). The GS Private Credit CIT, created by The Goldman Sachs Trust Company, N.A, is managed by Goldman Sachs Asset Management as the investment adviser. The GS Private Credit CIT provides access to private credit investments for defined contribution (DC) plans through a structure built specifically for retirement portfolios.
“This solution is designed to meet the practical needs of retirement plans,” said Greg Wilson, Global Head of Retirement at Goldman Sachs Asset Management. “By combining our scale and long history as an innovator in private credit with our broad experience in the defined benefit and defined contribution space, we aim to deliver access to attractive investment opportunities in an accessible format for the defined contribution market. We are proud to be part of Great Gray’s vision for a fully integrated retirement solution.”
Great Gray Trust Company, LLC (Great Gray), a leader in collective investment trust solutions, has elected to include the GS Private Credit CIT in the Panorix Target Date Series (Panorix), a retirement-focused investment solution developed by Great Gray in collaboration with leading institutional managers.
“The addition of private credit completes the vision behind Panorix, a purpose-built retirement solution that brings together institutional-quality public and private markets in one seamless structure,” said Rob Barnett, CEO of Great Gray. “By collaborating with Goldman Sachs, BlackRock and Wilshire, we’re unlocking broader access to sophisticated strategies that were once out of reach for everyday savers — all while staying anchored to fiduciary standards and participant-first design.”
To learn more, read the full press release and download our product brochure.
Great Gray® Trust Company, LLC Collective Investment Funds (“Great Gray Funds”) are bank collective investment funds; they are not mutual funds. Great Gray Trust Company, LLC serves as the Trustee of the Great Gray Funds and maintains ultimate fiduciary authority over the management of, and investments made in, the Great Gray Funds. Great Gray Funds and their units are exempt from registration under the Investment Company Act of 1940 and the Securities Act of 1933, respectively.
Investments in the Great Gray Funds are not bank deposits or obligations of and are not insured or guaranteed by Great Gray Trust Company, LLC, any bank, the FDIC, the Federal Reserve, or any other governmental agency. The Great Gray Funds are commingled investment vehicles, and as such, the values of the underlying investments will rise and fall according to market activity; it is possible to lose money by investing in the Great Gray Funds.
Participation in Collective Investment Trust Funds is limited primarily to qualified retirement plans and certain state or local government plans and is not available to IRAs, health and welfare plans and, in certain cases, Keogh (H.R. 10) plans. Collective Investment Trust Funds may be suitable investments for plan fiduciaries seeking to construct a well-diversified retirement savings program. Investors should consider the investment objectives, risks, charges, and expenses of any pooled investment fund carefully before investing. The Additional Fund Information and Principal Risk Definitions (PRD) contains this and other information about a Collective Investment Trust Fund and is available at www.greatgray.com/cit-fund-info/principal-risk-definitions/ or ask for a free copy by contacting Great Gray Trust Company, LLC at (866) 427-6885.
Great Gray and Great Gray Trust Company are service marks used in connection with various fiduciary and non-fiduciary services offered by Great Gray Trust Company, LLC.