|Bid||239.00 x N/A|
|Ask||240.00 x N/A|
|Day's Range||233.00 - 246.00|
|52 Week Range||233.00 - 359.35|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.69|
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Petershill Partners, the London-listed investment firm floated by Goldman Sachs last year, said it made $458 million of investments in the fourth quarter. Petershill, which takes stakes in alternative investment funds, said the deals included investments into private equity firms Arsenal Capital Partners and Wind Point Partnters. It said the deals will be "immediately accretive" to Petershill's consensus earnings forecasts, with the impact of the acquisitions growing to be approximately 9% accretive by 2023.
Petershill Partners Plc, the London-listed subsidiary of Goldman Sachs Group Inc's asset management division, is nearing a deal to acquire a stake in private equity firm Arsenal Capital Partners, people familiar with the matter said. Petershill, which acquires minority stakes in alternative asset managers, has prevailed in an auction process to invest in Arsenal Capital, the sources said. It is not clear what Arsenal Capital will do with the proceeds and if its founders will use the opportunity to sell down part of their stakes.