Goldman Sachs BDC said its private credit fund’s net asset value per share fell to $12.17 at March-end, down about 3.7% from the prior quarter. The drop followed higher unrealized losses and portfolio mark-downs, with non-accruals rising to 4.7% of amortized-cost loans from 2.8%. The firm argued the moves largely reflect wider market credit spreads, not broad credit deterioration. It also reported $46.5 million in new commitments, $82.8 million in repayments, a 32-cent dividend, and a $75 million buyback plan.
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