Goldman Sachs (GS 1.90%) 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 1.09%) and American Capital (ACAS +0.00%) 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
NYSE: GS
Goldman Sachs Group
Market Cap
$230B
Today's Change
(-1.90%) $14.38
Current Price
$744.60
Price as of October 22, 2025 at 4:00 PM ET
Could this new business for Goldman Sachs bring home big returns for investors?
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.