Goldman targets US$5bil float for Petershill private equity assets


Goldman Sachs logo appears above a trading post on the floor of New York Stock Exchange. — AP

LONDON: Goldman Sachs plans to list the assets of Petershill Partners, cashing in on a private equity boom with a deal which could value the investment vehicle at more than $5 billion.

Petershill, which takes minority stakes in private equity and hedge funds, will be a standalone company operated by the Goldman Sachs Asset Management team, it said on Monday.

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