Goldman Sachs plans to launch BDC, reports Reuters

Reuters reports that Goldman Sachs will invest $150 million in a new business development company

TAGS: Fundraising

Comment by: Anonymous. Posted 11 years ago [2013-01-29 00:21:18]

Whether motivated by evading the Volcker Rule or not, I'm glad there will be private risk-takers supporting the BDC rather than by implicit US taxpayer backing. (Yes, yes, Dodd-Frank says bank bailouts will never happen again, but nobody believes that.)