Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager, today announced that Petershill at Goldman Sachs Asset Management has acquired a minority stake in the firm. This partnership marks a significant milestone for Kennedy Lewis as they continue to grow and expand their presence in the alternative credit market.
Goldman Sachs' asset management arm has bought a stake in private credit specialist Kennedy Lewis Investment Management, as it looks to diversify its investment portfolio and capitalize on the growing demand for alternative credit strategies. The acquisition of this stake will provide Kennedy Lewis with additional resources and support to further enhance their investment capabilities and offerings.
Goldman Sachs Group Inc.'s Petershill unit agreed to acquire a minority stake in Kennedy Lewis Investment Management — yet another bet by Wall Street on the booming alternative credit sector. This strategic investment highlights the confidence that Goldman Sachs has in Kennedy Lewis and their ability to deliver strong returns for their investors.
NEW YORK--(BUSINESS WIRE)--Apr 2, 2024--. Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager, has secured a new partnership with Petershill at Goldman Sachs Asset Management. This collaboration will enable Kennedy Lewis to leverage Goldman Sachs' resources and expertise to drive continued growth and success in the alternative credit market.
Kennedy Lewis is an alternative credit manager founded in 2017 by David K. Chene and Darren L. Richman with approximately $14 billion under management. The partnership with Goldman Sachs' Petershill unit will further enhance Kennedy Lewis' position in the market and provide access to new opportunities for growth and expansion.
Goldman Sachs Group Inc.'s Petershill unit agreed to buy a minority stake in Kennedy Lewis Investment Management — yet another bet by Wall Street on the booming alternative credit sector. This strategic investment will enable Kennedy Lewis to further strengthen their investment capabilities and deliver enhanced value to their clients and investors.
Petershill at Goldman Sachs Asset Management has made a minority investment in Kennedy Lewis, a NEW YORK-based alternative credit manager. This investment will support Kennedy Lewis' growth initiatives and help them capitalize on the opportunities in the dynamic credit market.
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