Goldman Sachs BDC, Inc. Overview
Pro stress-test →Goldman Sachs BDC, Inc. is a specialty finance company regulated as a business development company that invests primarily in middle-market companies in the United States, externally managed by Goldman Sachs Asset Management, L.P., an SEC-registered investment adviser and wholly-owned subsidiary of Goldman Sachs. The company provides direct lending solutions in the form of senior secured loans to middle-market companies.
Strategic Profile
Pro stress-test →Goldman Sachs BDC distinguishes itself through its affiliation with Goldman Sachs Asset Management, leveraging the extensive origination network, due diligence rigor, and robust underwriting standards of one of Wall Street's most prestigious financial institutions. The company is experiencing portfolio transition, with new originations showing strong credit performance while legacy assets are driving most non-accruals and losses, though liquidity and capital management remain robust.
Competitive Landscape
Pro stress-test →Goldman Sachs BDC competes in the business development company space, competing against other BDCs and specialty finance firms that provide middle-market lending. Key competitors include Ares BDC, Blackstone BDC, and Carlyle BDC, which similarly target middle-market companies with senior secured and mezzanine debt solutions. Goldman Sachs BDC's differentiation lies in its affiliation with Goldman Sachs Asset Management and the bank's extensive origination network and underwriting standards.
Industry Context
Goldman Sachs BDC, Inc. operates in Business development companies (BDCs) and middle-market direct lending.
Key facts
Founded: 2013 · Headquarters: New York, US · Employees: N/A · Revenue: N/A · Market cap: N/A