Goldman Sachs Group is in discussions with the Kuwait Investment Authority (KIA) to receive a $10bn investment mandate for its asset-management arm, reported Bloomberg. The mandate is aimed at strengthening its private markets strategy in the Middle East and the money is expected to be distributed over the coming years across a variety of funds. According to sources with knowledge of the matter, the investment would be channelled into several of Goldman Sachs' funds, with a particular emphasis on credit, ...