Goldman Sachs' private credit fund bucks industry-wide redemption surge

April 6 (Reuters) - Goldman Sachs' GS.N private credit fund said investors sought to repurchase just under 5% of shares in the first quarter, which were fulfilled and below its quarterly repurchase cap.

"We believe these results highlight the strong position of GS Credit relative to the broader non-traded BDC (Business Development Company) industry," it said in a regulatory filing on Monday.

"We are the only non-traded BDC in the peer group whose repurchase requests came in below the standard 5% quarterly cap."