Goldman Sachs BDC opens up on Clearwater deal process, rejigs software exposure
Goldman Sachs BDC shone an unusually bright light on one of its recent credit investments, Clearwater Analytics, saying it consulted with its own tech experts when conducting diligence on the enterprise software company. “The deal team benefited from a first-hand perspective on Clearwater’s capabilities and value proposition, with Goldman Sachs being a customer of Clearwater’s across our Asset and Wealth Management and Global Banking and Markets divisions,” said CEO Vivek Bantwal during the comp