Goldman Sachs BDC drives strong Q3 earnings

The business development company’s assets by fair value have grown to $1.146 billion, up 39 percent year-on-year.

Net investment income for Goldman Sachs business development company (BDC) was $0.57 per share, the firm reported in its third quarter results.

Earnings at the BDC rose roughly 29 percent during the three months to 30 September 2015, from $0.44 for the quarter ended 30 June.

The company announced a fourth quarter dividend of $0.45

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