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Goldman Unit Buys Kennedy Lewis Stake in Private Credit Bet - Vimarsana News

Goldman Unit Buys Kennedy Lewis Stake in Private Credit Bet

(Bloomberg) -- Goldman Sachs Group Inc.’s Petershill unit agreed to acquire a minority stake in Kennedy Lewis Investment Management — yet another bet by Wall Street’s biggest firms in the continued growth of the market for private assets.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Sues Truth Social Company Co-Founders to Zero Them OutTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyTesla’s S

Source: yahoo.com
Kennedy Lewis Exploring Strategic Options - Vimarsana News

Kennedy Lewis Exploring Strategic Options

A sovereign wealth fund could be solicited to purchase Kennedy Lewis Investment Management. It has assets of US$ 14 billion. The firm is believed to be exploring strategic options, up to and including a potential sale. David Chene and Darren Richman founded Kennedy Lewis. A valuation estimate is US$ 800 million. Kennedy Lewis manages funds…

Kennedy Lewis, Which Oversees $14 Billion, Explores Sale - Vimarsana News

Kennedy Lewis, Which Oversees $14 Billion, Explores Sale

(Bloomberg) -- Kennedy Lewis Investment Management, an alternative-credit manager with about $14 billion under management, is exploring strategic options including an outright sale, according to people with knowledge of the matter.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza Tunnels‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple Plans to Make It Easier to Text Be

Source: yahoo.com
Sanctuary Wealth names Adam Malamed new CEO in sudden leadership change - Vimarsana News

Sanctuary Wealth names Adam Malamed new CEO in sudden leadership change

Just days after former CEO Jim Dickson cut the ribbon at the firm's New York office, a new leader is stepping in to usher in Sanctuary's "next stage of growth."

Sanctuary's CEO Jim Dickson Suddenly Departs the Firm - Vimarsana News

Sanctuary's CEO Jim Dickson Suddenly Departs the Firm

Sanctuary’s board expects to leverage expertise of the former Ladenburg Thalmann executive to drive next stage of growth. Dickson has no role at the company.