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Goldman’s Petershill Unit Slides After $1.4 Billion U.K. IPO

  • Firm prices shares at 350 pence each, middle of initial range
  • Offering valued portfolio of stakes at 4 billion pounds
First Day Of 2020 Trading On The London Stock Exchange
Photographer: Simon Dawson/Bloomberg
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Goldman Sachs Group Inc.’s Petershill Partners was valued at 4 billion pounds ($5.5 billion) in the latest public offering that seeks to seize on investor appetite to grab a piece of explosive growth in private equity fees.