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Private Equity Eyes Extended Holdings
19 Oct
Summary
- Firms explore fund strategy for longer asset retention.
- Goldman Sachs and Evercore are leading investor outreach.
- Strategy aims to help private equity firms hold assets.
Investment banks Goldman Sachs Group Inc. and Evercore Inc. are actively engaging investors to explore a new fund strategy. This initiative aims to empower private equity firms with the capability to retain their assets for considerably longer periods.
The proposed strategy is currently being outlined by bankers from multiple firms, including Jefferies Financial Group Inc. and Raymond James Financial Inc., indicating a collaborative effort within the financial sector.
This move suggests a growing interest in facilitating extended investment horizons within the private equity landscape, potentially reshaping asset management practices.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
