Goldman Sachs Private Middle Market Credit II LLC

CIK 0001772704

Goldman Sachs Private Middle Market Credit II LLC is a non-traded business development company. With $1.7 billion in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 99% in first-lien senior secured loans and 94% floating-rate, at a weighted-average spread of 597 bps over the base rate. Its largest sector exposure is Information Technology (37% of holdings).

NAV/Share

$68.62

AUM

$1.7B

Positions

164

Strategy

Private Credit

Wtd. Avg. Coupon

9.7%

Wtd. Avg. Spread

6 bps

Wtd. Avg. Maturity

2.2 yrs

96% coverage

Top 10 Concentration

29.0%

Instrument type

Share of portfolio fair value

First Lien

98%

of fair value

First Lien Senior Loans97.6%

Second Lien Loans0.1%

Unsecured Loans0.5%

Equity1.7%

Industry exposure

Share of holdings fair value

Top 5

85%

of holdings

Information Technology36.9%

Health Care23.9%

Industrials9.2%

Real Estate9.0%

Utilities3.2%

Financials3.2%

Consumer Discretionary2.2%

Communication Services2.1%

Materials2.0%

Other1.9%

Unknown6.3%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

25.7%