#Latest news with #PetershillPartnersBloomberg20 hours agoBusinessBloombergMillennium Stake Sale Talks Value Hedge Fund at $14 BillionIzzy Englander's Millennium Management has been in discussions to sell a minority stake that values the hedge fund colossus at roughly $14 billion, according to a person familiar with the matter. The multistrategy firm is working with Goldman Sachs Group Inc. unit Petershill Partners to find potential buyers for a 10% to 15% stake, the person said, asking not to be identified because details of the deal discussions aren't public. The Goldman arm specializes in buying stakes in alternative asset managers.
Bloomberg20 hours agoBusinessBloombergMillennium Stake Sale Talks Value Hedge Fund at $14 BillionIzzy Englander's Millennium Management has been in discussions to sell a minority stake that values the hedge fund colossus at roughly $14 billion, according to a person familiar with the matter. The multistrategy firm is working with Goldman Sachs Group Inc. unit Petershill Partners to find potential buyers for a 10% to 15% stake, the person said, asking not to be identified because details of the deal discussions aren't public. The Goldman arm specializes in buying stakes in alternative asset managers.
20 hours ago
