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 firm is known for its opportunistic credit strategies and has quickly gained recognition in the financial industry.
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 strategic investment marks a significant milestone for Kennedy Lewis as it continues to expand its presence in the alternative credit market.
Goldman Sachs Group Inc.'s Petershill unit agreed to acquire a minority stake in Kennedy Lewis Investment Management — yet another bet by a major financial institution on the success of alternative credit managers. The partnership between Kennedy Lewis and Petershill is expected to create new opportunities for both firms to capitalize on the evolving credit landscape.
Shortly after an affiliate of Kennedy Lewis took a controlling interest in Sanctuary Wealth, executives of Kennedy Lewis and Sanctuary sought to strengthen their position in the market. The collaboration between these two entities demonstrates a commitment to growth and innovation in the financial services sector.
Goldman Sachs' asset management arm has acquired a stake in private credit specialist Kennedy Lewis Investment Management, signaling a vote of confidence in the firm's investment strategies and management team. This partnership is expected to drive further growth and success for Kennedy Lewis in the coming years.
(Authorized by Dallas, Houston, and New York), Akin advised Kennedy Lewis Investment Management in a new financing for VoltaGrid, an advanced energy company. This transaction highlights Kennedy Lewis' expertise in providing innovative financing solutions to support the growth of emerging businesses.
Kennedy Lewis Investment Management has successfully closed its newest opportunistic credit fund, Kennedy Lewis Capital Partners Master Fund III. This fund will enable Kennedy Lewis to continue pursuing attractive investment opportunities and delivering strong returns for its investors.
Petershill at Goldman Sachs Asset Management has made a minority investment in Kennedy Lewis, a New York-based alternative credit manager. This strategic partnership is expected to enhance Kennedy Lewis' capabilities and expand its reach in the alternative credit market.
Azimut will sell all of its stake in private credit fund Kennedy Lewis to Goldman Sachs' private equity unit Petershill Partners, marking a significant transaction in the alternative credit space. This acquisition further solidifies Kennedy Lewis' position as a leading player in the industry.
