Keep pulling the thread on Alan Waxman.
Sixth Street is one of a few firms globally that can consistently write investment checks of over $1 billion across various asset classes.
The Special Situations Group at Goldman Sachs was one of the few principal investing groups that did not lose money during the 2008 financial crisis.
Alan Waxman is concerned that the economic transition driven by AI productivity gains will cause significant job losses, a topic he believes is not being adequately addressed.
In 2016, an investor group including Sixth Street provided Spotify with a $1 billion financing through a convertible debt instrument.
Sixth Street's TAL fund is a $30 billion vehicle that sits across all of the firm's investment platforms, providing flexibility for large-scale deals.
During the COVID-19 pandemic, Sixth Street and Silver Lake provided Airbnb with a $1 billion financing structured as a loan with attached warrants.
Sixth Street has established partnerships with top global sports franchises including the San Francisco Giants, Dallas Cowboys, New York Yankees, FC Barcelona, and Real Madrid.
Sixth Street formed a joint venture with Real Madrid to finance the renovation of its Santiago Bernabéu Stadium.
Sixth Street formed a $20 billion joint venture partnership with Affirm to help the company originate more assets and increase its operating leverage.
Sixth Street co-founded the data center company AirTrunk in 2017, which was later acquired by Blackstone for approximately $16 billion.
The middle-market direct lending business that Alan Waxman started at Goldman Sachs has grown to over $50 billion in assets.
The Special Situations Group (SSG) at Goldman Sachs was the firm's largest principal investing business, managing up to $25 billion of the firm's balance sheet at its peak.