Deals
Goldman Buyout Vet Mehra Is Seeking More Than $750 Million
- Newly founded Periphas Capital may raise more than $1 billion
- He worked on some of the biggest deals in leveraged-buyout era
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Sanjeev K. Mehra, a founding member of Goldman Sachs Group Inc.’s private equity group, is seeking more than $750 million for a new buyout firm, according to people with knowledge of the plan.
Mehra, 59, recently founded Periphas Capital and hired John Bowman, an ex-Goldman colleague, and Jeffrey Dodge, the former head of business development for Berkshire Partners LLC, said the people, who asked not to be identified discussing the new firm because it hasn’t been announced publicly. The firm will focus on “growth and buy-out investments in middle-market companies,” according to Dodge’s LinkedIn profile.