Private Equity
Petershill, a subsidiary of Goldman Sachs’ asset management unit, has bought a stake in real estate investment firm Westbrook Partners. Westbrook’s CEO Paul Kazilionis, who revealed the investment, declined to say how big a stake Petershill is buying, the Wall Street Journal reported. As part of the deal, Westbrook is changing its ownership structure. Formerly owned just by Kazilionis, the company will now be owned in part by other Westbrook executives and Goldman Sachs. Investing ... [more]