Petershill Partners

Last updated
Petershill Partners
Type Public
Industry Private Equity
Founded2007;16 years ago (2007)
Headquarters London, United Kingdom
Key people
Naguib Kheraj (Chairman)
ProductsAlternative investments
AUM $8.5 billion (2021) [1]
Website www.petershillpartners.com/

Petershill Partners is an investment company specialising in alternative investments: investors in the business are able to participate, through minority investments, in the profits of large private equity and hedge funds. [2] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [3]

History

The company was established by Goldman Sachs in 2007. [4] Between its inception and its initial public offering (IPO) in September 2021, it raised and invested US$8.5 billion in funds. [1] However, in the immediate aftermath of its IPO the company lost nearly 10% of its value. [5]

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References

  1. 1 2 "Goldman Sachs plans IPO for $5bn Petershill Partners". Financial Times. 5 September 2021. Retrieved 3 December 2021.
  2. "Goldman Sachs plans London IPO for £3.6bn Petershill Partners". The Guardian. 6 September 2021. Retrieved 3 December 2021.
  3. "FTSE UK Index Series: Quarterly Review December 2021". FTSE Russell. 1 December 2021. Retrieved 3 December 2021.
  4. "Goldman Sachs' Petershill Partners valued at £4bn in London IPO". Wealth Manager. 28 September 2001. Retrieved 3 December 2021.
  5. "Goldman Sachs's Petershill, a Collection of Private-Equity Stakes, Slides After IPO". Wall Street Journal. 15 October 2021. Retrieved 3 December 2021.