GSBD

Goldman Sachs BDC, Inc. (NYSE:GSBD) is a business development company that was founded and went public in March 2015. The company operates as a specialty finance firm focused on providing debt capital to middle-market private companies across the United States. As a publicly traded business development company, GSBD is regulated under the Investment Company Act of 1940 and must distribute at least 90% of its taxable income to shareholders. The company underwent a significant strategic transformation in 2022 when it integrated with Goldman Sachs' broader direct lending platform, leveraging the investment bank's origination capabilities and deal flow to enhance its competitive position in the middle-market lending space.