Petershill Announces IPO on London Stock Exchange

October 4, 2021

On September 6, 2021, Petershill Partners plc announced it will consummate an initial public offering on the London Stock Exchange.

Under the initial public offering, Petershill Partners plc (“Petershill”) will be listed on the London Stock Exchange. The offering would result in the sale of existing ordinary shares and the issuance of new ordinary shares, raising approximately $750 million to fund ongoing expenses and to acquire stakes in additional alternative asset managers.

Petershill is a global investment group providing growth capital to, and partnering with, a diverse group of alternative asset managers by acquiring direct minority equity investments in those managers. Petershill is a standalone company operated by the Goldman Sachs Asset Management team. Petershill comprises minority investments in 19 high-quality managers which have $187 billion of aggregated assets under management. Bank of America acted as Joint Global Coordinator and Joint Bookrunner in this offering.

To read the press release: please click here.


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Investment Manager Financings, Transactions