<p>Goldman Sachs' Petershill business is launching fundraising for its fifth flagship fund.
Insiders revealed that the fundraising target for this fund is approximately $5 billion, which is on par with the size of the previous flagship fund.
Petershill focuses on acquiring minority stakes in asset management companies to gain their management fees, profits, or carried interest. Its portfolio includes well-known institutions such as ArcLight Capital Partners and Francisco Partners. (Bloomberg)</p>

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FNCL

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<p>Goldman Sachs' Petershill business is raising funds for its fifth flagship fund, targeting $5 billion, the same size as the previous flagship fund. The fund focuses on acquiring minority stakes in asset management companies to gain management fees, profits, or performance shares. The portfolio includes well-known institutions such as ArcLight Capital Partners and Francisco Partners</p>

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GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D

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GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C

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GOLDMAN SACHS GROUP INC DEP SHR REP 1/1000TH PFD SER A

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Report: Goldman Sachs' Petershill raises $5 billion for new flagship fund