US EditionMillennium in talks with Goldman’s Petershill Partners about hedge fund stake sale
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Millennium in talks with Goldman’s Petershill over potential stake sale
Millennium Management, one of the world’s largest multi-strategy hedge funds, is exploring a potential minority stake sale in its management company and is in discussions with Goldman Sachs’ Petershill Partners to assist in the process, according to a Financial Times report. The report cites unnamed sources familiar with the matter as revealing that the talks, which remain preliminary, would see Petershill – Goldman’s investment platform for acq…
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From Reuters: Hedge fund Millennium Management is in talks with Goldman Sachs' (Petershill Partners to identify potential buyers for a minority stake in its management company, the Financial Times reported on Wednesday. Potential buyers could include some of Millennium's largest investors, the FT r... Article link
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