Goldman Sachs Group updates
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Goldman Sachs is planning to list Petershill Partners in a deal that would value the Wall Street bank’s stakes in alternative asset managers at more than $5bn, according to people familiar with the situation, amid a global boom for private equity.
Petershill Partners, which owns minority stakes in 19 alternative assets firms with a combined $187bn of assets under management, said on Monday that it is considering an initial public offering on the London Stock Exchange. A flotation would