Overview
Petershill Partners provides capital and strategic support to high-quality alternative asset management firms. The firm is managed by Goldman Sachs Asset Management.
You can find the company’s website here
Fundamentals
Price
Research History
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13 Oct 2023 10 min read
QuotedData’s Investment Companies Roundup – October 2023
October 2023 Monthly roundup | Investment companies Kindly sponsored by abrdn Winners and losers in September 2023 September was defined by the ongoing US bond selloff, with global markets trending down in sympathy. Investment trust returns were negative on average for the month, although several sectors still achieved positive returns. The Royalties sector was the […]
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07 Dec 2022 8 min read
QuotedData’s Investment Companies Roundup – December 2022
Investment Companies Monthly Roundup Kindly sponsored by abrdn December 2022 Monthly | Investment companies Winners and losers in November 2022 As discussed in this month’s economic and political roundup, lower US inflation triggered a fall in the US dollar and drove equity markets higher over November. The big surprise was the resurgence of Chinese markets […]
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03 Nov 2022 8 min read
QuotedData’s Investment Companies Roundup – November 2022
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and abrdn November 2022 Monthly | Investment companies Winners and losers in October 2022 Many equity markets recovered some of the ground lost in September. The swift departure of Liz Truss and her unfunded tax cuts helped the UK stock market and sterling. North America […]
News
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31 Mar 2025 2 min read
Petershill Partners announces special dividend following premium asset sales
Petershill Partners (PHLL), the listed GP-stakes platform operated by Goldman Sachs Asset Management, has published robust results for the year ended 31 December 2024. Partner distributable earnings rose by 11% to US$323m, driven by strong fee-related income, realisations at premiums to carrying value, and an active year for capital allocation. The company completed four acquisitions […]
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27 Dec 2024 5 min read
QuotedData’s review of the year 2024
This is the last of our weekly emails for 2024. We hope that you have been finding them useful. 2024 has been a year of setbacks and shrinkage for the UK investment companies industry, topped by the cynical and self-serving attack on seven trusts by US corporate raider Saba Capital (there will be much more […]
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26 Mar 2024 2 min read
Steady as she goes for Petershill Partners
Petershill Partners (PHLL) has announced its annual results for the year ended 31 December 2023. The company, which follows a unique M&A strategy, raised $23 billion of fee eligible assets, although notably earnings were down on the year prior given lower transaction activity. Highlights for the year included: Adjusted profit after tax of $200m for […]
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22 Apr 2022 1 min read
QuotedData’s weekly news show 22nd April 2022
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, James Carthew covered the week’s top stories: • Aquila Energy Efficiency • Petershill Partners • NextEnergy Solar This week’s interview was with Viktor Szabó from abrdn Latin American Income Fund – watch […]
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20 Apr 2022 2 min read
Good maiden results for Petershill Partners
Good maiden results for Petershill Partners – Petershill Partners (PHLL) has posted its maiden final results for the period from 24 March 2021 to 31 December 2021. The company raised $720m (net of share issue costs) at its IPO last year and the board has announced plans to launch a share buyback programme of up […]
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18 Jan 2022 2 min read
QuotedData’s morning briefing 18 January 2022
In QuotedData’s morning briefing 18 January 2022: TR European Growth Trust (TRG) is changing its name. With effect from 17 January 2022, the trust is now The European Smaller Companies Trust. The ticker will change to ESCT from tomorrow. [And so a chapter of investment trust history edges closer to closure. The TR (short for […]
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28 Sep 2021 2 min read
QuotedData’s morning briefing 28 September 2021
In QuotedData’s morning briefing 28 September 2021: Over the six months ended 31 July 2021, North American Income Trust (NAIT) beat its benchmark by 2.2%, producing a return on NAV of 19.8% against 17.6% for the Russell 1000 Index. The statement says that “This was mainly attributable to the positioning in the technology sector, as […]
Upcoming Events
In The Press
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28 Mar 2025 1 min read
Investment trusts: Ain’t no discount wide enough
Tom Aylott, Portfolio Adviser, 27 March 2025: Widening discounts have plagued the investment trust industry for several years now as company shares continue to lose value versus their underlying assets. Multiple efforts were made to remedy this ongoing dilemma in 2024, including the highest level of share buybacks in the sector’s history.. Yet despite boards’ […]
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17 Dec 2024 1 min read
Investment trust insider looks back at 2024
Investment trust insider looks back at 2024 – James Carthew: Shrinking trusts provide multiple opportunities Share price discounts remain stubbornly wide despite a huge number of buybacks and corporation actions in 2024. Nevertheless, there have been some big winners this year. This year has seen the investment companies sector shrink as boards have made big […]
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29 Nov 2024 1 min read
Which undervalued trusts could rerate in 2025?
By Jennifer Hill, Investment Trust Insider, 29 November 2024: Investment trust discounts are heading in the right direction, having narrowed by almost four percentage points from their lows in October last year, but they still have plenty of ground to make up. At the end of October 2023, amid rising interest rates and conflict in […]
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26 Apr 2022 1 min read
Investment trust insider on Petershill
Investment trust insider on Petershill – James Carthew: Petershill, a complex play on ‘alts’ growth One of the more unusual new investment companies coming to the market last year was Petershill Partners (PHLL). It started trading on the premium segment and main market of the London Stock Exchange in early October at 350p per share, […]
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28 Feb 2022 1 min read
Trust Watch: War in Ukraine widens closed-end discounts
Gavin Lumsden, Citywire Investment Trust Insider, 25 Feb, 2022: Discounts widen: Russia’s shocking invasion of Ukraine has caused extreme volatility in stock markets, with the FTSE 100 today recovering 3.7% after plunging a similar amount yesterday. Investment trust share prices fell and leapt in almost equal measure, although the deep uncertainty saw their average share […]
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15 Nov 2021 1 min read
Investment trust insider on US versus UK closed-end funds
Investment trust insider on US versus UK closed-end funds – James Carthew: Higher governance standards help UK beat US in closed-end funds The flood of fresh money streaming into the investment companies sector is incredible. I was chatting to investors, directors and journalists at an event to mark the third anniversary of AVI Japan Opportunities […]
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2 min read
Investment trusts rediscover their roots with a 21st century twist
The listed fund vehicles are financing innovation in clean fuels, space and digital infrastructure Mary McDougall, Financial Times, NOVEMBER 12 2021 Investment trusts seem to be coming full circle. For most of the 20th century, they gradually moved away from their origins as entrepreneurial schemes investing in specific targets, often in Britain’s colonies, to running […]
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2 min read
The alternative trusts allowing investors to capture new trends
Investment trusts enjoy record year for fundraising as they back a new wave of innovation November 11, 2021, Investors Chronicle, By Mary McDougall Investment trust fundraising amounted to £11.4bn in the first 10 months of the year, a record for the ancient fund structure which is now financing a new wave of innovation. Most striking is the […]
