Goldman Sachs’ alternative investment unit, Petershill, is seeking to raise around $5bn for its fifth flagship fund, matching the size of its previous fund, according to a report by Bloomberg citing sources familiar with the plans.
Petershill, which takes minority stakes in private-market managers — including private equity, credit, and real estate firms — in exchange for a share of management fees, carried interest, and profits, has previously backed firms such as ArcLight Capital Partners and...
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