As previously announced, Carmine Rossetti stepped down as the Principal Accounting Officer of Goldman Sachs Private Middle Market Credit LLC (the Company) on March 16, 2020. On March 16, 2020, the Board of Directors of the Company appointed David Pessah as Principal Accounting Officer of the Company. Mr. Pessah, age 34, has also been appointed as Principal Accounting Officer of Goldman Sachs BDC, Inc., Goldman Sachs Middle Market Lending Corp., and Goldman Sachs Private Middle Market Credit II LLC. Mr. Pessah is a Vice President in the BDC Fund Controllers team of Goldman Sachs Asset Management, L.P., the Company’s investment adviser. Mr. Pessah is responsible for fund accounting and financial reporting oversight as well as the continuous improvement of the control environment for the Company. Prior to joining Goldman Sachs in September 2010, he worked in the audit practice at Ernst & Young LLP. He received a B.S. in Accounting from University of Delaware in 2007 and received his M.B.A. in Finance from Baruch College in 2016.
Goldman Sachs BDC, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. It may also originate covenant-lite loans, which are loans with fewer financial maintenance covenants than other obligations, or no financial maintenance covenants. In addition to investments in United States middle-market companies, it may invest a portion of its capital in opportunistic investments, such as in large United States companies, foreign companies, stressed or distressed debt, structured products or private equity. It invests in various sectors, including automobiles, chemicals and financial services. Its investment advisor is Goldman Sachs Asset Management, L.P.