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Goldman Sachs private credit BDC reports 3.7% Q1 NAV decline
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Goldman Sachs private credit BDC reports 3.7% Q1 NAV decline
Goldman Sachs’ listed business development company has reported a 3.7% decline in net asset value (NAV) for the first quarter, reflecting increased unrealised losses and portfolio markdowns across its private credit book, according to a report by Bloomberg citing a regulatory filing. Goldman Sachs’s private credit vehicle, Goldman Sachs BDC, posted a NAV per share of $12.17 at the end of March, down from the prior quarter. The decline comes amid…
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