Goldman Sachs (GS 3.20%) has filed paperwork to found a business development company, which will be called Goldman Sachs Liberty Harbor Capital. Companies in this space such as Prospect Capital (PSEC 1.08%) and American Capital (NASDAQ: ACAS) are known for high dividend yields, though American Capital's dividend was suspended during the financial crisis. This leaves investors asking, should I buy Goldman Sachs Liberty Harbor Capital the moment I have a chance? In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss what a business development company is, why it could be appealing, and whether or not they're buying.
Goldman Sachs Wants In on This Billion-Dollar Business
By Matt Koppenheffer and David Hanson
-
Apr 2, 2013 at 1:11PM
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NYSE: GS
The Goldman Sachs Group, Inc.

Market Cap
$104B
Today's Change
(3.20%) $9.81
Current Price
$316.61
Price as of May 23, 2022, 4:00 p.m. ET
Could this new business for Goldman Sachs bring home big returns for investors?
Stocks Mentioned

The Goldman Sachs Group, Inc.
GS
$316.61
(3.20%)
$9.81

Prospect Capital Corporation
PSEC
$7.47
(1.08%)
$0.08
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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