Goldman’s Petershill takes minority stake in hedge fund LMR:

(Reuters) – A private equity fund run by Goldman Sachs Asset Management (GSAM) has bought a minority stake in multi-strategy hedge fund firm LMR Partners, one source familiar with the matter said on Monday. The GSAM fund bought a stake of between 10 percent and 20 percent in LMR for an undisclosed sum, the source said.

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