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GOLDMAN SACHS' PRIVATE CREDIT FUND CUTS VALUE BY 3.7%

  • NEWS Desk Global
  • 2 days ago
  • 1 min read

Goldman Sachs reported a decline in its private credit fund's value for the first quarter, as it saw an increase in unrealized losses ​and mark-downs in its portfolio, the fund said Friday.

Investors have taken ‌a closer look at the portfolios of private credit funds known as business development companies, as advances in artificial intelligence threaten the business models of certain companies in the software ​sector.

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