LONDON: Petershill Partners has completed the sale of most of its stake in General Catalyst for $726 million, reflecting a 62% premium to its $447 million carrying value as of June 2024. This sale is part of a capital restructuring involving General Catalyst and external investors. Since Petershill’s 2018 investment, General Catalyst has evolved from…
Tag: Petershill Partners
Petershill Partners has sold its entire stake in LMR Partners for $258 million
LONDON: Petershill Partners plc, the diversified, global alternatives investment group focused on private capital strategies, announced the sale of its stake in LMR Partners Petershill Partners has completed the sale of its entire stake in LMR Partners back to LMR Partners’ leadership team. The total nominal consideration of up to $258 million consists of $107…
Petershill Partners announces IPO on LSE to raise $750mn
LONDON, UK: Petershill Partners, a leading investment group providing bespoke capital and strategic solutions to some of the world’s best performing alternative asset management firms, is considering an initial public offering (IPO), a bourse filing said. The Ordinary Shares would be admitted to the premium listing segment of the Official List of the FCA and…