Petershill Partners is a global alternatives investment firm that focuses on acquiring minority equity stakes in leading alternative asset management companies. Established in 2007 and operated by Goldman Sachs Asset Management, the firm provides capital and strategic partnerships to private-market managers such as private equity, private credit, hedge fund, and real asset firms. Through these investments, Petershill enables investors to participate in the growth and profitability of the alternative asset management industry by sharing in the fee income and economic interests generated by the partner firms’ funds. 

The firm operates as a GP-stakes investment platform, meaning it invests in the management companies of asset managers rather than directly in portfolio companies. By holding minority interests in more than 20 partner firms, Petershill gains exposure to hundreds of underlying private-market funds across different asset classes, strategies, and investment cycles, creating diversified and recurring income streams primarily derived from management and performance fees. This model aims to deliver long-term, risk-adjusted returns to investors while allowing partner firms to maintain operational independence. 

Headquartered in London, Petershill built a portfolio of leading specialist managers across the global alternatives industry and has developed long-term partnerships with established firms seeking strategic capital for growth, succession planning, or expansion. The company was listed on the London Stock Exchange in 2021 but later decided to delist in 2025 after shares consistently traded below the underlying value of its assets. Despite this change, the platform continues to operate within Goldman Sachs’ alternatives business and remains focused on expanding its network of high-quality partner managers worldwide.