Goldman Alums Set Up Matchmaking Platform for Private Credit

Two former Goldman Sachs Group Inc. bankers want to take the $1.6 trillion private credit revolution from Wall Street to Main Street.

George van Dorp and Koen van Vlijmen, who both worked in the American bank’s London office, have built a product that matches small businesses with alternative lenders.

The idea behind the new platform, Fundflow, is to help democratize the industry by giving overlooked smaller companies access to a larger pool of potential lenders, including commercial banks, venture capital firms and debt funds. Lenders, meanwhile, will also get a look at far more deals that are off the beaten track.

“A lot of these businesses struggle accessing the capital markets because they lack relationships,” said van Dorp, who used to work at Goldman Sachs’ capital markets team, in an interview with Bloomberg News. “That frustrated me because I don’t think raising money should be based on relationships — it should be based on merit.”