Goldman Sachs’ private credit fund has again avoided the elevated redemption levels seen across parts of the non-traded BDC market, with second-quarter repurchase requests coming in below its quarterly limit, according to a report by Reuters.
GS Credit said investors sought to repurchase around 3.24% of total shares during the quarter, below the fund’s 5% cap. The fund fulfilled all repurchase requests in full and generated about $275m of gross inflows over the period.
In a letter to shareholder...
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