Oak Street Forms Strategic Partnership with Goldman Sachs

January 4, 2021

On December 22, 2020, Oak Street Real Estate Capital, LLC announced a strategic partnership with Goldman Sachs Asset Management’s Petershill program.

Under the terms of the agreement, Goldman Sachs Asset Management’s Petershill program (“Petershill”) made a strategic investment in Oak Street Real Estate Capital, LLC (“Oak Street”). Terms of the deal were not disclosed.

Oak Street, based in Chicago, is a private equity real estate firm that services corporations, healthcare systems, universities and government entities. Berkshire Global Advisors served as financial advisor to Oak Street.

Petershill, managed by Goldman Sachs Asset Management’s Alternative Investments & Manager Selections Group, provides capital to asset management firms. It currently has investments in over 20 asset management firms.

To read the press release: please click here.


Categories

Investment Manager Private Equity, Investment Manager Strategic Investments, Private Equity Private Equity, Private Equity Strategic Investments, Transactions