‘Who’s the Next Winner?’: Diameter Capital’s Scott Goodwin
Exchanges
Goldman Sachs
4.3 • 1.1K Ratings
🗓️ 18 December 2025
⏱️ 33 minutes
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| 0:00.0 | Welcome back to another edition of Goldman Sachs Exchanges, great investors. I'm Michael Brandmeier, |
| 0:11.5 | Global Head and Chief Investment Officer of the External Investing Group at Goldman Sachs Asset Management, |
| 0:17.3 | and your host for today's episode. Today I'm delighted to sit down with Scott Goodwin, |
| 0:22.4 | the co-founder and managing partner of Diameter Capital Partners. Scott, alongside Jonathan Lewinson, |
| 0:29.0 | established Diameter Capital in 2017, building an alternative asset management firm |
| 0:35.4 | which now manages approximately $25 billion |
| 0:39.3 | in assets. |
| 0:40.3 | Diameter Capital is best known for its distinctive approach to global credit markets, |
| 0:46.3 | investing across the entire credit spectrum, from investment grade to distressed assets |
| 0:52.3 | in both public and private markets. |
| 0:55.1 | I'm excited to talk to Scott about his career, the longtime Goldman in diameter partnership, |
| 1:01.3 | his investment philosophy, and how he's navigating opportunities across the credit spectrum |
| 1:07.0 | today. |
| 1:08.0 | Scott, great to have you here. |
| 1:12.6 | Thanks for having me, Mike. |
| 1:13.6 | It's a real privilege. |
| 1:14.6 | So I want to start today talking about today's credit landscape. |
| 1:17.6 | Right now, we're talking about spreads are at about 3%, the 90th percentile. |
| 1:22.6 | The private credit markets are wide open. |
| 1:25.6 | You might even say booming. And defaults overall seem like |
| 1:29.1 | they're relatively in check despite a couple of high profile defaults. So the high level stats are |
| 1:36.1 | looking pretty good. But there are a lot of signs of stress out there. So you guys are |
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