A Goldman Sachs Group Inc. investment unit that specializes in buying high-yield or unrated debt is seeking to raise money through an initial public offering.

Goldman Sachs Liberty Harbor Capital LLC, based in New York and organized as a business-development company, filed a preliminary prospectus with the U.S. Securities and Exchange Commission on March 29. The firm has invested about $72.7 million in eight companies since it was initially funded by GoldmanSachs in November, according to the filing.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.