Business Context and Reporting Period
This Form 8-K is a current report filed by Goldman Sachs BDC, Inc. on May 4, 2017, regarding events occurring on May 1, 2017. The filing addresses Item 5.02, concerning the appointment of certain officers.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Carmine Rossetti as Principal Accounting Officer, effective May 1, 2017. Consequently, the Company's reporting structure for SEC purposes has been updated: Jonathan Lamm continues as Chief Financial Officer and Treasurer, serving as the principal financial officer, while Mr. Rossetti assumes the role of principal accounting officer. Previously, Mr. Lamm held both capacities.
Management Commentary and Risks
Mr. Rossetti, age 38, is responsible for fund accounting, financial reporting oversight, and the continuous improvement of the control environment. He is also a Vice President in the Finance Division of Goldman Sachs & Co. LLC and has been appointed to the same role at Goldman Sachs Private Middle Market Credit LLC and Goldman Sachs Middle Market Lending Corp. The filing states there are no family relationships with directors or executive officers and no transactions requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Points
- Confirm the effective date of Carmine Rossetti's appointment as Principal Accounting Officer (May 1, 2017).
- Verify the division of duties between Jonathan Lamm (Principal Financial Officer) and Carmine Rossetti (Principal Accounting Officer).
- Note that no financial performance data or guidance is included in this specific filing.