The successful completion of the Goldman Sachs BDC IPO is a good sign of an industry continuing to grow and institutionalize. I see the Goldman IPO through that prism. Todd Owens More Quotes by Todd Owens More Quotes From Todd Owens Our portfolio has evolved in a more conservative direction for a couple of years now and that will continue as we position against the credit cycle, our approach has evolved to focus on first-lien and senior secured debt. We are cautious on second lien and staying away from mezzanine. Todd Owens company-news But it's not clear that it makes it easier for others, if the window has opened, it has not opened a lot. Todd Owens company-news Joint ventures continue to be an important focus for us. It's very attractive from a return standpoint. This will be an interesting topic as the BDC industry as a whole thinks about the ways incremental leverage can be added, and against which assets. Todd Owens company-news
