Corporate StructureGoldman's simplified private credit org chart may be good in the long run, but could cause a bumpy ride for the BDC as it falls into place.
EarningsGoldman Sachs BDC reported Q4 adjusted core EPS of $0.55, modestly below the BofA/Consensus forecast of $0.57.
Investment QualityThere are concerns about certain investments, like the deeply marked Thrasio loan and Sweep Purchaser's markdown, which could lead to higher non-accruals.