GP Stakes News reposted this
📢 𝗚𝗣 𝗦𝘁𝗮𝗸𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗕𝘂𝗹𝗹𝗲𝘁𝗶𝗻 - July Edition (2) ⏺ Goldman Sachs's Petershill sells its stake in Harvest Partners, LP → Petershill Partners has sold its 15% stake in Harvest Partners for $561m, representing a 22% premium to its 2024 Q4 valuation. → The deal includes $140m in cash upfront and $421m payable on the first anniversary. → Harvest, a New York-based midcap PE firm, grew its AUM from $5bn to $20bn during the partnership, which began in 2018. ⏺ AMG acquires minority stake in Montefiore Investment → AMG announced the acquisition of a minority stake in Montefiore. → Montefiore, founded in 2005, is Paris-based private equity firm with €5bn AUM focused on small and mid-cap services sector. → Montefiore’s leadership retains majority ownership and operational control. ⏺ BCI acquires minority stake in Three Hills → BCI has acquired a minority stake in Three Hills, a London-based 3bn private debt manager. → Three Hills, founded in 2013, will continue to operate independently and remain majority-owned by its partners and employees. ⏺ Mubadala and AXA Investment Managers to acquire minority stakes in Hayfin Capital Management LLP → Mubadala and AXA IM Prime acquire minority stakes in Hayfin Capital. → Hayfin is a London-based private credit manager with c.€32bn AUM. → Deal comes one year after Hayfin's management bought back a majority ownership stake (supported by Arctos' Keystone) from BCI. ⏺ The Philippson family acquire ownership stakes in La Maison Partners → The Philippson family, founders of Degroof Bank, has acquired stakes in La Maison Partners, a Paris-based private equity firm backed by major French families like Dassault and Cointreau. → With €700m in assets, La Maison aims to double in size in 5-8 years. * Source (1) Goldman Sachs AM: https://xmrrwallet.com/cmx.plnkd.in/eNSMTZ9b (2) AMG: https://xmrrwallet.com/cmx.plnkd.in/er_ACkvY (3) BCI: https://xmrrwallet.com/cmx.plnkd.in/eV_BQzwg (4) Hayfin: https://xmrrwallet.com/cmx.plnkd.in/eWr-x8Kg (5) CF News: https://xmrrwallet.com/cmx.plnkd.in/ex3zBqDa
