Twitter LinkedIn
    Saturday, March 25
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals»Goldman’s Petershill Mulls Listing $4 Billion London Vehicle
    Deals

    Goldman’s Petershill Mulls Listing $4 Billion London Vehicle

    August 20, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Goldman Sachs Group Inc.’s Petershill unit, which specializes in buying stakes in alternative asset managers, is considering listing a permanent capital vehicle in London as soon as this year, people familiar with the matter said.

    Petershill is working with advisers on the potential initial public offering, the people said, asking not to be identified because the information is private. Having a listed entity would offer a way for public market investors to gain exposure to Petershill’s funds while providing liquidity for some of their existing backers, the people said.

    It could seek a valuation of around 3 billion pounds ($4.1 billion) for the London vehicle, though details of the potential deal haven’t been finalized, according to the people.

    Petershill’s business of buying minority stakes in private equity firms is booming, and rivals like Blackstone Inc. and Blue Owl Capital Inc.’s Dyal Capital arm have also raised funds dedicated to the strategy.

    Read More

    Source: Bloomberg

    By Jan-Henrik Foerster, Ruth David and Sridhar Natarajan

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Deal PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Brookfield buys KKR’s Spanish solar company stake

    March 23, 2023

    Ethical Capital Partners buys Pornhub for an undisclosed sum

    March 18, 2023

    EQT Infrastructure acquires Madison Energy Investments

    December 22, 2022

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    Comments are closed.

    Other Articles

    Buyout firm TPG’s fourth-quarter earnings jump 34% on strong asset sales

    March 31, 2022

    Warburg Pincus launches Aquila Air Capital

    April 20, 2021

    KKR Creates Firm to Invest in Health-Diagnostics Technologies

    July 22, 2021

    Asian Buyout Firm TR Capital Raises $350 Million for Fourth Fund

    February 5, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?