Goldman Sachs private credit fund defies the trend to address industry redemption wave

Golden Ten Data, April 6 — Goldman Sachs’ private credit fund stated that the percentage of shares investors sought to redeem in the first quarter was slightly below 5%. All redemption requests have been fulfilled and are below its quarterly redemption cap. In a regulatory filing submitted on Monday, the company noted: “We believe these results highlight Goldman Sachs Credit’s strong position relative to the broader non-traded BDC (Business Development Company) sector. We are the only non-traded BDC among our peers with redemption requests below the 5% standard quarterly cap.”