New York Times Blogs- Goldman Sachs is in talks to buy a significant stake in Trafalgar Asset Managers, one of London’s top hedge funds, according to The Telegraph.
Petershill, a $500 million private equity fund within Goldman Sachs’ asset management division, has been in on-and-off talks with Trafalgar since last year, The Telegraph reported.
Trafalgar, which focuses on corporate deals and debt restructurings, was founded in 2001 by Lee Robinson and Theo Phanos and now manages $2.7 billion. Petershill was set up by Goldman last year to purchase equity stakes in the holding companies of other hedge fund groups.
