Goldman Sachs BDC Emphasizes First Lien Focus and New Commitments Amid AI Risk Mitigation.

Goldman Sachs BDC (GSBD) plans to focus on 97% of its first lien commitments, with $1.2B in new commitments amid AI risk mitigation. The company's Global Head of Financing Group, Vivek Bantwal, reported that 57% of the portfolio is benefiting from the 2022 reorganization, while 43% still remains unchanged. GSBD aims to integrate into the broader direct lending platform.