--- title: "Report: Goldman Sachs' Petershill raises $5 billion for new flagship fund" description: "Goldman Sachs' Petershill business is raising funds for its fifth flagship fund, targeting $5 billion, the same size as the previous flagship fund. The fund focuses on acquiring minority stakes in ass" type: "news" locale: "en" url: "https://longbridge.com/en/news/276471315.md" published_at: "2026-02-20T17:53:35.000Z" --- # Report: Goldman Sachs' Petershill raises $5 billion for new flagship fund > Goldman Sachs' Petershill business is raising funds for its fifth flagship fund, targeting $5 billion, the same size as the previous flagship fund. The fund focuses on acquiring minority stakes in asset management companies to gain management fees, profits, or performance shares. The portfolio includes well-known institutions such as ArcLight Capital Partners and Francisco Partners Goldman Sachs' Petershill business is launching fundraising for its fifth flagship fund. Insiders revealed that the fundraising target for this fund is approximately $5 billion, which is on par with the size of the previous flagship fund. Petershill focuses on acquiring minority stakes in asset management companies to gain their management fees, profits, or carried interest. Its portfolio includes well-known institutions such as ArcLight Capital Partners and Francisco Partners. (Bloomberg) ### Related Stocks - [GS-D.US - GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D](https://longbridge.com/en/quote/GS-D.US.md) - [IAI.US - ISHRS Us Brokers & Sec Exchg](https://longbridge.com/en/quote/IAI.US.md) - [GS-C.US - GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C](https://longbridge.com/en/quote/GS-C.US.md) - [FNCL.US - Fidelity MSCI Financials Index](https://longbridge.com/en/quote/FNCL.US.md) - [VFH.US - VG Financial](https://longbridge.com/en/quote/VFH.US.md) - [GS-A.US - GOLDMAN SACHS GROUP INC DEP SHR REP 1/1000TH PFD SER A](https://longbridge.com/en/quote/GS-A.US.md) - [XLF.US - Financial Select Sector SPDR Fund](https://longbridge.com/en/quote/XLF.US.md) - [GS.US - Goldman Sachs](https://longbridge.com/en/quote/GS.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Goldman Sachs The Latest Firm To Ditch DEI Hiring Criteria | Goldman Sachs is eliminating DEI (Diversity, Equity, and Inclusion) criteria from its board policies, removing demograph | [Link](https://longbridge.com/en/news/276483667.md) | | Goldman Sachs to remove DEI board hiring standards amid policy shift | Goldman Sachs is set to eliminate DEI (Diversity, Equity, and Inclusion) hiring standards for its board of directors, as | [Link](https://longbridge.com/en/news/276120632.md) | | REG - Goldman Sachs BnkEur Permanent TSB Group - Form 38.5b-PERMANENT TSB GROUP HOLDINGS PLC | Goldman Sachs Bank Europe SE disclosed dealings related to Permanent TSB Group Holdings PLC under the Irish Takeover Pan | [Link](https://longbridge.com/en/news/276331360.md) | | Goldman Sachs (GS) Key Insider Sells $28M in Stock. Should Investors Worry? | Goldman Sachs (GS) experienced significant insider selling, with executives selling over $28 million in shares recently. | [Link](https://longbridge.com/en/news/276072822.md) | | Goldman Sachs plans to drop diversity factors from board candidate criteria, WSJ reports | Feb 16 (Reuters) - Goldman Sachsis preparing to remove race, gender identity, sexual orientation, and other diversity fa | [Link](https://longbridge.com/en/news/276088526.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.