Goldman Sachs (GS), Carlyle Group (CG) and StepStone (STEP) have agreed to offer accredited users of alternative investment platform Willow Wealth access to private credit funds with minimum investments as low as $10K, Willow said on Thursday.
With the deal, Willow users will be able to invest directly in the Carlyle Tactical Private Credit Fund, the Goldman Sachs Real Estate Diversified Income Fund, and StepStone Private Markets, Bloomberg reported.
The three funds, collectively representing more than $11.7B in assets under management as of Sept. 30, 2025, aim to give investors immediate exposure to deployed portfolios across private credit, private equity, and real estate in a structure designed to provide periodic liquidity
The move underscores the $1.7T private credit industry’s growing push into retail markets to meet investor demand. Willow isn’t the only platform offering access to low-cost private credit. For instance, Titan Financial provides a $2K minimum initial investment on the Carlyle Tactical Private Credit Fund, its website said.
“Private markets are undergoing a shift in how they’re accessed and who can access them,” said Willow Wealth CEO Mitchell Caplan. “Today’s announcement represents our vision for the next generation of private markets investing — one where investors can build complete portfolios combining always-on core exposure through evergreen funds with targeted, differentiated individual opportunities.