Goldman’s Petershill Delists as Investors Sour on Private Equity

Goldman Sachs Group Inc.-backed Petershill Partners Plc plans to return capital to investors and delist from the London Stock Exchange, becoming the latest victim of the drought in private equity exits that’s plagued the industry.

The company, which holds minority stakes in buyout giants, has been stung by those firms’ inability to offload assets and thereby return capital to investors. Since it listed in London four years ago, Petershill’s shares had lost more than a third of their value.

“Since 2022, significant macroeconomic, market, geopolitical and industry-specific headwinds have dampened public market investor interest in the alternative asset management ...